Whats the current yield of a 4.85 percent coupon corporate bond quoted at a price of 102.43? (Round your answer to 2 decimal places.)

Calculate the price of a zero coupon bond that matures in 18 years if the market interest rate is 5.2 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Whats the taxable equivalent yield on a municipal bond with a yield to maturity of 4.2 percent for an investor in the 28 percent marginal tax bracket? (Round your answer to 2 decimal places.)

Calculate the price of a 5.2 percent coupon bond with 18 years left to maturity and a market interest rate of 4.6 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations. Round your final answer to 2 decimal places.)