using excel

A 390 percent coupon municipal bond has 11 years left to maturity and has a price quote of 97.45 . The bond can be called in four: years. The call premium is one year of coupor payments. (Assume interest payments are semlanntial and it has a par value of $5,000 ) Compute the bond's current yield Compute the yield to maturity. Compute the taxable equivalent yield (for an investorin the 36 percent marginal tax bracket) Compute the yield to calt Note: Do not round intermediate colculations. Round your onswer to 2 decimal ploces