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1 . Corporate bonds issued by Johnson Healthcare currently yield 8 percent. A 1 : If an investor is in the 3 4 percent tax

1. Corporate bonds issued by Johnson Healthcare currently yield 8 percent.
A1: If an investor is in the 34 percent tax bracket, what is the after-tax rate on corporate bond (Write your answer as a decimal. For example, write .1234 instead of 12.34%.)
MY ANSWER =0.0528
B1. Municipal bonds of equal risk currently yield 6 percent. At what tax rate would an investor be indifferent between these two bonds? (write your answer as a decimal)
MY ASWER 0.25
C1. What is the rate on the bond that an investor in the 34 percent tax bracket should invest in? PLEASE HELP SOLVE 1C.
I calculated 0.08,0.12 & 1 which were wrong. Please provide a breakdown of the answer.

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