Compute the bond current yield-yield to maturity

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A 5.00 percent coupon municipal bond has 14 years left to maturity and has a price quote of 95.85. The bond can be called in 4 years. The call premium is one year of coupon payments. Compute the bond's current yield, yield to maturity, taxable equivalent yield (for an investor in the 40 percent marginal tax bracket), and yield to call. (Assume interest payments are paid semi annually and a par value of $5,000.) (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit the "%" sign in your response.)

Reference no: EM132024230

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