A bank offers you two choices of investments, a taxable money market account yielding 8%, or a tax free money market account yielding 6%.

Assuming you are in a 10% marginal tax bracket, which account provides the highest after tax yield?

Group of answer choices

The tax free account, with an after tax yield of 6%.

The taxable account, with an after tax yield of 7.2%.

The tax free account, with an after tax yield of 6.7%

The taxable account, with an after tax yield of 8.9%.