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ANSWERS ARE PROVIDED PLEASE SHOW HOW TO GET TO THE ANSWERS PROVIDE EASY FORMULA THAT WILL WORK WITH SIMILAR QUESTIONS answered A tax-exempt municipal bond

ANSWERS ARE PROVIDED
PLEASE SHOW HOW TO GET TO THE ANSWERS
PROVIDE EASY FORMULA THAT WILL WORK WITH SIMILAR QUESTIONS
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answered A tax-exempt municipal bond with a coupon rate of 9.00% has a market price of 99.9% of par The bond matures in 20.00 years and pays semi-annually. Assume an investor has a 35.00% marginal tax rate. The investor would prefer otherwiso identical taxable bond if it's yield to maturity was more than 12 Su Incorrect Correct Answer 13.98% Points: 0 More Details Answer format: Porcentage Round to: 2 decimal places (Example: 9.24% % sign required Will accepl decimal format 2 rounded to 4 decimal places (ex. 0.09243) Show Hint Retake Attempts Remaining Infinity answered A taxable bond with a coupon rate of 0.00% has a market price of 99 37% of pur. The bond matures in 19.00 years and pays semi-annually. Assume an investor has a 37.00% marginal tax rate. The investor would prefer otherwise identical tax-exemp bond if it's yield to maturity was more than incorrect Correct Answer: 3.82% Points: 0 33 Sub Answer format: Percentage Round to 2 decimal places (Examplo: 924%, sign requved Wilscoopt decimal format rounded to 4 decimal places (ex 0.0924) More Detais Show Hint Relate Attempts Remaining: Infinity

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