A municipal bond carries a coupon of 6.75 percent and is traded at par. To a taxpayer in the 28 percent tax bracket, this bond provides an equivalent taxable yield of:（）
A: 8.53%.
B: 7.88%.
C: 9.38%.
A: 8.53%.
B: 7.88%.
C: 9.38%.
举一反三
- Which of the following $1,000 face-value securities has the highest yield to maturity?? ; ;A 15 percent coupon bond selling for $1,000|;A 5 percent coupon bond selling for $1,000|A 10 percent coupon bond selling for $1,000|;A 15 percent coupon bond selling for $900
- A $10,000, 8 percent coupon bond that sells for $10,000 has a yield to maturity of _________
- A 6% annual coupon paying bond has two years remaining to maturity and is priced at par. Assuming a 40% tax rate, the after-tax yield for this bond is closest to:（） A: 2.4%. B: 3.6%. C: 4.8%.
- A zero coupon bond is currently priced to yield 5.87 percent if held tomaturity 6.9 years from now. What is the current price of this bond if theface value is $1,000?
- The duration of a ten - year, 10 percent coupon bond when the interest rate is 10 percent is 6.76 years. What happens to the price of the bond if the interest rate falls to 8 percent?