There is a zero coupon bond that sells for $364.35 and has a par value of $1,000. If the bond has 23 years to maturity. what is the yield to maturity? Assume semiannual compounding. Multiple Choice 144% 4.44% 4.29% 4.33% 4.49% 4.26% 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 O $2,86019 O $3,030.34 $2,880.05 $2,904.88 $2,979.36 Navarro, Inc., plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project. The bonds will have a YTM of 5.55 percent and mature in 30 years. If we assume semiannual compounding, at what price will the bonds sell? Multiple Choice O $187.08 $193.53 $185.79 $188.69 $197.81 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% 39.42% 35.13% 41.02% A taxable bond has a coupon rate of 6.07 percent and a YTM of 5.69 percent. If an investor has a marginal tax rate of 28 percent, what is the equivalent aftertax yield? Multiple Choice 6.14% 1 ces 4.10 8.43% 4.37% 7.90%