PRO (ex: 0)) #37 A tax-exempt municipal bond has a yield to maturity of 3.45%. An investor, who has a marginal tax rate of 20.00%, would prefer and an otherwise identical taxable corporate bond if it had a yield to maturity of more than _% Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924) #38 A stock just paid a dividend of $2.41. The dividend is expected to grow at 26.77% for two years and then grow at 3.29% thereafter. The required return on the stock is 12.84%. What is the value of the stock? AI Submit Answer format: Currency: Round to: 2 decimal places. #39 The risk-free rate is 2.08% and the market risk premium is 5.14%. A stock with a of 1.26 will have an expected return of %. Submit Atte Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Points: 34.4 / 40 Grade: 86 % Progress: 87.5% Time Remaining: 51: ee dtv w