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An investor purchases one municipal and one corparate bond that pay rates of return of 7.5% and 10.3% respectively, if the investor is in the
An investor purchases one municipal and one corparate bond that pay rates of return of 7.5% and 10.3% respectively, if the investor is in the 25% margical tax bracket,his or her after-tax rates of return on the municipal and corporate bonds would be____and ____ respectively.
a. 7.5%;7.73%
b. 10%; 10%
c. 5.63%; 10.3%
d. 7.5%; 10.3%
e. 5.63%; 7.73%
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