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2. Your federal marginal tax rate is 29.5%. In addition, your provincial rate is 16.7%. If you invest $50,000 for one-year, which alternative would generate

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2. Your federal marginal tax rate is 29.5%. In addition, your provincial rate is 16.7%. If you invest $50,000 for one-year, which alternative would generate the highest after-tax income? (5 marks) 1. Common stock with a 10% dividend yield. 2. Bonds paying a rate of 12.85%. 3. Investing in common stock that pays no dividends but is worth $56,520 at year end. Please show detailed calculation and indicate your conclusion

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