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need to know answer to question 3. thanks. i tried 5.53% but its not correct. tax rate is 35% The information will be used for
need to know answer to question 3. thanks. i tried 5.53% but its not correct. tax rate is 35% The information will be used for the first five questions. You, as an investor, are comparing two bonds: a corporate and a municipal. They both have a face value (par) of $1,000 and a 5 -year term to maturity. The corporate bond has an 8% annual coupon and an 8.5% yield to maturity. The municipal bond has a 6% coupon and a 5.5% yield to maturity. Please calculate the Price of the corporate bond. What is your after-tax return on the corporate
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