q1-Suppose you invest in municipal bond pays a yield of 14%.if your marginal tax is 28%the equivalent yield on the taxable bond ?

q2-Suppose a stock index contains the stock of 3 firms: B and C. The stock prices for the three firms are $59,$58 and $25. respectively. The firms have 92 million 168 million and 176 million shares outstanding, respectively. the Index is value weighted, cacluate its initial value

q3Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price $9,998,945 with the promise to buy them back at a price of $10,000,012 . Calculate the yield on the repo if it has a 6 day maturity