There are zero coupon bonds outstanding that have a YTM of 5.85 percent and mature in 21 years. The bonds have a par value of $10,000. If we assume semiannual compounding, what is the price of the bonds? Multiple Choice $2,860.19 $3,030.34 $2,880.05 $2,904.88 $2.979.36 A municipal bond has a YTM of 4.05 percent while the YTM of a comparable taxable bond is 5.95 percent. What is the tax rate that will make an investor indifferent between the municipal bond and the taxable bond? Multiple Choice 31.93% 46.91% O 39.42% 35.13% 41.02% Sweet Sue Foods has bonds outstanding with a coupon rate of 5.38 percent paid semiannually and sell for $1,962.90. The bonds have a par value of $2,000 and 17 years to maturity. What is the current yield for these bonds? Multiple Choice O 5.21% 5.38% 5.94% 2.74% 5.48% AB Builders, Inc., has 20-year bonds outstanding with a par value of $2,000 and a quoted price of 95.856. The bonds pay interest semiannually and have a yield to maturity of 6.98 percent. What is the coupon rate? Multiple Choice 6.59% 5.93% 9.89% 13.18% 6.26%