ho ABC Bank is thinking about purchasing a corporate bond that has a yield of 7.50%. This bank has a marginal tax rate of 28%. What is the after-tax yield on this bond, if it were a municipal bond? Answer: % (two decimal points) ABC Bank has purchased a bond that has a coupon rate of 7.75% and a face value of $1,000. It has 4 years to maturity and is currently selling in the market for $1,092. The bond makes annual coupon payments. What is the duration of this bond? Answer: years (two decimal points)