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O convexly O randomly Question 10 1 pts Suppose that the yield to maturity (YTM) of the 4% coupon (assume annual coupon payment), 30-year maturity
O convexly O randomly Question 10 1 pts Suppose that the yield to maturity (YTM) of the 4% coupon (assume annual coupon payment), 30-year maturity bond falls to 6% by the end of the first year and the investor sells the bond after the first year. The initial YTM when she bought the bond one year ago was 7%. If the investor's federal plus state tax rate on interest income is 38% and the combined tax rate on capital gain is 20%, what is her tax on imputed interest? $2.16 O $2.46 $1.50 $3.49 D Question 11 1 pts A debenture is O secured by other securities held by the firm secured by equipment owned by the firm
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