Question 7 A municipal bond has yield to maturity of 2.97 percent. An investor with a marginal tax rate of 35 percent is indifferent between this municipal bond and an otherwise identical taxable corporate bond. What is the yield to maturity of the corporate bond? 4.01 percent 4.57 percent 5.18 percent 4.90 percent 3.82 percent Question 8 A 12-year zero coupon bond has face value of $1,000 and yield to maturity of 5.78 percent. Assuming semiannual compounding, what should the bond sell for today? $477.02 $509.52 $471.23 $504.71