25. Taxable Equivalent Yield (LO3, CFA2) The coupon rate on a tax-exempt bond is 5.6 percent and the coupon rate on a taxable bond is 8 pereent. Both bonds sell at par. At what thx bracket (marginat tax rate) would an investor show no preference between the two bonds? a. 30.0 percent b. 39.6 petcent c. 41.7 percent d. 42.9 percent