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A STRIPS with 12 years until maturity and a face value of $10,000 is trading for $7,611. What is the yield to maturity? (Do not

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A STRIPS with 12 years until maturity and a face value of $10,000 is trading for $7,611. What is the yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Yield to maturity % A taxable corporate issue yields 5.7 percent. For an investor in a tax bracket of 35 percent, what is the equivalent after tax yield? (DO not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Aftertax yield %

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