1. Taxable Equivalent Yield What's the table equivalent yield on a municipal bond with a yield to maturity of 4.2 percent for an investor in the 25 percent marginal tax bracket? (Round your answer to 2 decimal places.)
2. Internal Growth Rate Last year Umbrellas Unlimited Corporation had an ROA of 9.8% and a dividend payout ratio of 50.2%. What is the internal growth rate?
3. Zero Coupon Bond Price Calculate the price of a zero coupon bond that matures in 8 years if the market interest rate is 6 percent (Round your answer to 2 decimal places.)