A 4.70 percent coupon municipal bond has 19 years left to maturity and has a...
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Accounting
A percent coupon municipal bond has years left to maturity and has a price quote of The bond can be called in eight years. The call premium is one year of coupon payments. Assume interest payments are semiannual and a par value of $
Compute the bonds current yield.
Compute the yield to maturity.
Compute the taxable equivalent yield for an investor in the percent marginal tax bracket
Compute the yield to call.
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