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A 3 . 8 5 percent coupon municipal bond has 1 8 years left to maturity and has a price quote of 1 0 3

A 3.85 percent coupon municipal bond has 18 years left to maturity and has a price quote of 103.20. The bond can be called in eight years. The call premium is one year of coupon payments. (Assume interest payments are semiannual and a par value of $5,000.)
Compute the bond's current yield. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Current yield
%
Compute the yield to maturity. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Yield to maturity
%
Compute the taxable equivalent yield (for an investor in the 35 percent marginal tax bracket).(Do not round intermediate calculations. Round your answer to 2 decimal places.)
Equivalent taxable vield
1%
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