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9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) #16 A tax-exempt municipal bond with a coupon rate of

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9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) #16 A tax-exempt municipal bond with a coupon rate of 5.00% has a market price of 99.32% of par. The bond matures in 5.00 years and pays semi- annually. Assume an investor has a 39.00% marginal tax rate. The investor would prefer otherwise identical taxable bond if it's yield to maturity was more than % Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) #17 A taxable bond with a coupon rate of 9.00% has a market price of 98.70% of par. The bond matures in 17.00 years ans pays semi-annually. Assume an investor has a 18.00% marginal tax rate. The investor would prefer otherwise identical tax-exempt bond if it's yield to maturity was more than % At Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924) #18 A firm issues preferred stock with a dividend of $4.09. If the appropriate discount.10.0206 what is the value of the preferred stock 2 Points: 25.55 / 40 Grade: 63.9% Progress: 65% Time Remaining: 72: 9 tv 4 w

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