Compute the yield to maturity percent

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Question - A 3.60 percent coupon municipal bond has 14 years left to maturity and has a price quote of 95.45. The bond can be called in four years. The call premium is one year of coupon payments. (Assume interest payments are semiannual and a par value of $5,000.)

Required -

1. Compute the bond's current yield percent?

2. Compute the yield to maturity percent?

3. Compute the taxable equivalent yield (for an investor in the 36 percent marginal tax bracket)?

4. Compute the yield to call?

Reference no: EM132766158

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