Compute the taxable equivalent yield-current yield

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A 2.60 percent coupon municipal bond has 10 years left to maturity and has a price quote of 95.25. 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.) Compute the bond's current yield. (Round your answer to 2 decimal places.) Compute the yield to maturity. (Round your answer to 2 decimal places.) Yield to maturity Compute the taxable equivalent yield (for an investor in the 30 percent marginal tax bracket). Round your answer to 2 decimal places.) Equivalent taxable yield Compute the yield to call. (Round your answer to 2 decimal places.) Yield to call. I know all of them and can't get the equivalent taxable yield right and it not 2.21

Reference no: EM131955774

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