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4. A 20-year, zero-coupon coupon bond has just been issued for $440. What is the bond's yield to maturity? If this bond is now rather

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4. A 20-year, zero-coupon coupon bond has just been issued for $440. What is the bond's yield to maturity? If this bond is now rather offering a 5 percent coupon, w hat is its yield to maturity? What is the bond's current yield? Suppose that this later bond is to be called in 11 years for $490, what is the bond's yield to call? The Pompous Boys Corporation has the following taxable income distribution as it faces a flat 40 percent rate: 5. Year 1 $10,000,000; Year 2 ; Year 3 S12,000,000; Year 4 $7,000,000; Year 5 ; Year 6 $14,000,000; Year 7 $11,000,000; Year 8 . Calculate the company's tax liabilities for the years and any possible refunds fromy he Treasury Department

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