John Smith is in the 28 percent tax bracket. If he were to purchase a $1.000 municipal bond that had a stated interest rate of 6.9%. the taxable equivalent yield would be? 14.62% 9.58% 8.26% 6.9% 12.10% Question 29 (1 point) Sunshine Mining Bonds have a $1,000 face value, pay $95 annual interest, mature in 2004, and are currently quoted at $1,302.50, The coupon rate of interest is? O 13.05% 085% 0 95% Not enough data to compute O 13.03%