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Question 16 Not yet answered What is the discount yield on a $1 million T-bill...

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Question 16 Not yet answered What is the discount yield on a $1 million T-bill that currently sells at 99.125 percent of its face value and is 85 days from maturity? Do not round intermediate calculations. Marked out of 2.00 Select one: O 3.462% Flag question O 3.51% 0 3.739% 3.706% 4.00% O 4.237% O 3.532% Question 17 Not yet answered An investor is trying to decide between a muni paying 6.25 percent or an equivalent taxable corporate paying 8.75 percent. What is the minimum marginal tax rate the investor must have to consider buying the municipal bond? Marked out of 2.00 Select one: O 27.85 percent Flag question O 40.00 percent O 25.87 percent O 63.64 percent O 30.00 percent O 36.36 percent O 28.57 percent Question 18 Not yet answered A call provision gives bondholders the right to demand, or "call for," repayment of a bond. Typically, calls are exercised if interest rates rise, because when rates rise the bondholder can get the principal amount back and reinvest it elsewhere at higher rates. Marked out of 2.00 Select one: Flag question O True O False

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