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5) Which of the following bonds, if all are purchased today, would have the longest date to maturity? A) A Treasury bil B) A Treasury

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5) Which of the following bonds, if all are purchased today, would have the longest date to maturity? A) A Treasury bil B) A Treasury note C) A Treasury bond D) There is too little information to answer this question. 6) An investor with a 50% marginal tax rate is trying to decide on a bond. Which of the following bonds offers the best tax-equivalent yield? A) A corporate bond with an 8% yield to maturity. B) A corporate bond with a 15% yield to maturity. C) A municipal bond with a 5% yield to maturity D) A municipal bond with a 10% yield to maturity

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