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A 4.05 percent coupon municipal bond has 14 years left to maturity and has a price quote of 108.00. The bond can be called in

A 4.05 percent coupon municipal bond has 14 years left to maturity and has a price quote of 108.00. 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.)

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A 4.05 percent coupon municipal bond has 14 years left to maturity and has a price quote of 108.00. 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.) Answer is complete and correct. 3.75 % Current yield Compute the yield to maturity. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. Yield to maturity 3.34% 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.) Answer is complete but not entirely correct. Equivalent taxable 5.14% yield Compute the yield to call. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Yield to 3.50 % cal

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