Question: Problem 2: If a Treasury note has a bid price of $975, What would it be the quoted bid price in the Wall Street Journal?

Problem 2: If a Treasury note has a bid price of $975, What would it be the quoted bid price in the Wall Street Journal?

Problem 3: For you to be indifferent between the after-tax returns on a corporate bond paying 7% and a tax-exempt municipal bond paying 5.5%, what would your tax bracket need to be?

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