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An investor purchases one municipal bond and one corporate bond that pay rates of return of 7% and 8.5%, respectively. If the investor is in

An investor purchases one municipal bond and one corporate bond that pay rates of return of 7% and 8.5%, respectively. If the investor is in the 20% tax. bracket, his after-tax rates of return on the municipal and corporate bonds would be, respectively. Muttiple Choice 7% and 8.5% 5.60% and 8.5 8.40% and 6.00% 7 and 6.00%

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