Assume you are choosing between a corporate bond and a municipal $($local gov.$)$ bond. Both bonds have similar risk level. Payments you receive on the municipal bond are tax exempt. YTM $($interest rate$)$ of corporate bond is $6\%,$ YTM of municipal bond is $4\mathrm{.}5\%.$ If you tax rate is $28\%,$ how much is your after$-$tax interest earnings on the corporate bond?