1. Refer to Table 66. (below) MUST SHOW EXCEL WORK

   a). On May 23, 2016, what were the coupon rate, price, and yield on municipal bonds issued by the Delaware River Port Authority b). What was the yield to maturity, on May 23, 2016, on State of California bonds maturing on November 1, 2043?

Tax Exempt Bonds Monday, May 23, 2016 Issue Bullding Ald Revenue Bonds, Fiscal 2016 Callfomia (State) varlous purpose gener Callfomla (State) varlous purpose GO bo Callfomla St Pub Wks lease revenue Ser Colorado Hith Facs Auth rev bds Ser 13 A Delaware River Port Auth PA Revenue Bond Health Facilitles Revenue Bonds Health Facilitles Revenue Bonds, Serles lllnols (State) GOs Serles 2013 Lehlgh Co Auth PA wtr& swr rev bds Ser Metro Transp Auth NY transp rev bonds Se Metro Transp Auth NY transp rev Ser 2013 Missourl St Hlth & Ed hospital rev Ser 2 Rochester MN health care facs rev bds Se San Antonlo Pub Facs Corp TX Impro& ref South Carolina Public Service Authr even South Carolina Public Service Authr even The Clty Of New York GO Bonds, Flscal 20 Transportation Program Bonds, Serles 201 Water and Sewer system second GN resolut Coupon 4.000 5.000 5.000 5.000 5.000 5.000 Price YTM 109 27 3.49 119 3/4 3.83 117 1/6 3.96 120 3.68 115 1/5 4.09 118 3.77 4.000 11-15-45 106 2/3 3.63 104 1/9 3.76 11 4.69 115 1/22.72 43 118 2/3 3.89 119 3/8 3.72 105 5/9 3.67 106 6/7 3.58 106 3/8 3.62 117 1/2 4.53 114 113 4.03 109 57 3.40 102 4.12 111 4/9 3.16 Mat. 07-15-45 11-01-43 04-01-42 11-01-38 01-01-44 01-01-37 4.000 5.500 5.000 5.000 5.000 4.000 4.000 12-01-44 07-01-38 12-01-43 11-15-43 11-15-38 11-15-42 11-15-41 4.000 09-15-42 12-01-53 12-01-48 4.000 03-01-39 06-15-44 4.000 06-15-34 5.500 5.000 4.250