The market price of a semi-annual pay bond is $974.76. It has 16.00 years to maturity and a coupon rate of 8.00%. Par value is $1,000. What is the effective annual yield? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) A tax-exempt municipal bond with a coupon rate of 7.00% has a market price of 98.84% of par. The bond matures in 14.00 years and pays semi- annually. Assume an investor has a 15.00% marginal tax rate. The investor would prefer otherwise identical taxable bond if it's yield to maturity was 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)) A taxable bond with a coupon rate of 7.00% has a market price of 98.38% of par. The bond matures in 18.00 years ans pays semi-annually. Assume an investor has a 30.00% marginal tax rate. The investor would prefer otherwise identical tax-exempt bond if it's yield to maturity was 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))