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UESTION 1 The Maryland General Bank has purchased a bank-qualified municipal bond with a coupon rate of 8% The bank The bank is in the

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UESTION 1 The Maryland General Bank has purchased a bank-qualified municipal bond with a coupon rate of 8% The bank The bank is in the 25% tax bracket what is the net after-tax return on this bank O 75% o 27% Q 32% had to borrow f nds to make this purchase at a cost of 6% None of the options is correct QUESTION 2 1 points Save Answer What is the duration of the bond described below - Face Value. $1,000 . Years-to-maturity:3 . Coupon Rate 15 percent . Coupon p . Current Market Price: $1.072 55 PM

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