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An investor purchases one Municipal and one corporate bond that pay rates of return of 8 percent and 10 percent, respectively.If the investor is in
An investor purchases one Municipal and one corporate bond that pay rates of return of 8 percent and 10 percent, respectively.If the investor is in the 20 percent tax bracket, his after tax rates of return on the municipal and corporate bonds would, respectively be:(1 point)
a.8% and 10%
b.8% and 8%
c.6.4% and 8%
d.6.4% and 10%
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