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  3. #1 the yield to maturity for a 15.00 year strips i

#1 The yield to maturity for a 15.00 year STRIPS is 5.12%. If par value...

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#1 The yield to maturity for a 15.00 year STRIPS is 5.12%. If par value is $1,000. then it should sell for $_ Submit Answer format: Currency: Round to: 2 decimal places. #2 The market price of a 14.00-year STRIPS is $319.00 The yield to maturity is __%. Submit Answer format: Percentage Round to: -2 decimal places (Example: 0%, % sign required. Will accept decimal format rounded to 0 decimal places (ex: 0)) #3 A tax-exempt municipal bond has a yield to maturity of 3.51%. An investor, who has a marginal tax rate of 23.00%, would prefer and an otherwise identical taxable corporate bond if it had a yield to maturity of more than %. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) #4 The market price of a semi-annual pay bond is $989.05. It has 12.00 years to maturity and a coupon rate of 7.00%. Par value is $1,000. What is the yield to maturity? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)

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