What is the equivalent aftertax yield

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Reference no: EM13945171

1) A taxable corporate issue yields 6.3 percent. For an investor in a 35 percent tax bracket, what is the equivalent aftertax yield? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Aftertax yield %

2) A municipal bond has 9 years until maturity and sells for $5,451.98. The coupon rate on the bond is 5.46 percent and the bond is callable in 5 years. What is the yield to call if the call price is 110 percent of par? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Yield to call %

Reference no: EM13945171

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