A 3.00 percent coupon municipal bond has 14 years left to maturity and has a price quote of 97.45. The bond can be called in four years. The call premium is one year of coupon payments. (Assume interest payments are semiannual and a par value of $5,000.)

Compute the bonds current yield. (Round your answer to 2 decimal places.)

Current yield =

%

Compute the yield to maturity. (Round your answer to 2 decimal places.)

Yield to maturity =

%

Compute the taxable equivalent yield (for an investor in the 36 percent marginal tax bracket). (Round your answer to 2 decimal places.)

Equivalent taxable yield =

%