Assuming you were interested in taking the muni bond that matures in 2035 of February instead of the PEPSI bond on- the previous tab, what would be the price you think it would trade for today? (Use the information on the right, as well as the assumption that these are annual bonds). Trade Time Security Description Maturity Date Coupon Price Yield PV I/Y 5:57pm + 2019 Septemb 3.000% Washington Cnty Pa 100.655 1.700 PMT FV 5.25pm + Allegheny Cnty Pa Higher Ed Bldg Auth Rev Ref Carnegie Mellon Univ A 2024 March 5.000% 108.693 2.000 2 Let's also assume that you are into paying less in taxes, using the chart below, what tax rate would you be indifferent to the two bonds? (Highlight the closest tax rate to the one you would be at) 5:25pm Allegheny Cnty Pa Higher Ed Bldg Auth Rev Ref Carnegie Mellon Univ A 2024 March 5.000% 108.693 2.000 PEPSI YTM MUNI YTM 2019 Septemb 3.000% 5:12pm + Washington Cnty Pa 100.655 1.700 After Tax Table: 5:12pm Pittsburgh & Allegheny Cnty Pa Sports & Exhib Auth Hotel Room Excise Tax Rev Ref 2035 February 5.000% 105.4 Tax Rate 20% 1.146 25% 30% 35% 40% 45% 50% 55% 60% 65% 70% After Tax Yield 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 75% 80% Assuming you were interested in taking the muni bond that matures in 2035 of February instead of the PEPSI bond on- the previous tab, what would be the price you think it would trade for today? (Use the information on the right, as well as the assumption that these are annual bonds). Trade Time Security Description Maturity Date Coupon Price Yield PV I/Y 5:57pm + 2019 Septemb 3.000% Washington Cnty Pa 100.655 1.700 PMT FV 5.25pm + Allegheny Cnty Pa Higher Ed Bldg Auth Rev Ref Carnegie Mellon Univ A 2024 March 5.000% 108.693 2.000 2 Let's also assume that you are into paying less in taxes, using the chart below, what tax rate would you be indifferent to the two bonds? (Highlight the closest tax rate to the one you would be at) 5:25pm Allegheny Cnty Pa Higher Ed Bldg Auth Rev Ref Carnegie Mellon Univ A 2024 March 5.000% 108.693 2.000 PEPSI YTM MUNI YTM 2019 Septemb 3.000% 5:12pm + Washington Cnty Pa 100.655 1.700 After Tax Table: 5:12pm Pittsburgh & Allegheny Cnty Pa Sports & Exhib Auth Hotel Room Excise Tax Rev Ref 2035 February 5.000% 105.4 Tax Rate 20% 1.146 25% 30% 35% 40% 45% 50% 55% 60% 65% 70% After Tax Yield 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 75% 80%