Andy is considering investing $5,000 into one of three investments. He can invest in corporate stock that will pay dividends of 5% per year. He can purchase corporate bonds that pay 6%. Or, he can invest in tax-exempt securities that will pay 4% per year. Andy is in the 33% marginal tax bracket and the dividends will be taxed at 15%. Match the investment to its respective after-tax return. (please include proper explanation)

1.Corporate stock

2.Corporate bonds

3.Tax-exempt securities

a.$212.50

b.$201.00

c.$200.00