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Consider a U.S. corporate bond (taxable) with 30 years left to maturity and paying 8 percent coupon. The bond is currently priced at $930. Find

Consider a U.S. corporate bond (taxable) with 30 years left to maturity and paying 8 percent coupon. The bond is currently priced at $930. Find the after-tax yield to maturity for an investor with a marginal tax rate of 34 percent. Make sure to express your answers as a percentage. Make sure to round your answers to the nearest 100th decimal points. For example, write 9.43 for 9.43%.

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