Please explain answers. I also have a TI business calculator if it can be used.

1.) Find the equivalent taxable yield of a short-term municipal bond currently offering yields of 4% for tax brackets of 10%. (Round your answer to the fourth decimal, i.e. 0.0000. Blackboard doesn't take percentage answer and therefore please convert the number into the fourth decimal.)

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2.) The coupon rate on a tax-exempt bond is 5.6%, and the rate on a taxable bond is 8%. Both bonds sell at par. At what tax bracket (marginal tax rate) would an investor be indifferent between the two bonds? (Please round your answer to the fourth decimal, i.e. 0.0000)

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3.) Assume today is 9/12/2017 and you read the following quotation of Treasury bill from Wall Street Journal:

Maturity	Bid	Ask	Change	Asked Yield
12/12/2017	1.033	1.023	0.013	1.039

Please answer the following questions:

1) If you want to buy treasury bill, which price will apply to your transaction, Bid or Ask? ____

2) How many days will you hold the treasury bill, assuming that you hold it until it matures?_____ days

2) How much you need to pay to buy the treasury bill with a par value of $1,000?____ (Please ignore $ and round it to the second decimal.)