Can be multiple answers.

OOOO Assume that corporate and municipal bonds have the same maturity, liquidity, and default risk. Select all the correct arguments if your marginal tax rate is 30%. My after-tax-return from holding (to maturity) a one-year corporate bond with a yield-to-maturity of 10% is 7% I would choose to hold the corporate bond that pays 10% over the municipal bond that pays 6% I am indifferent between holding the corporate bond that pays 7% and the municipal bond that pays 5% No matter how much the corporate bond pays, I would choose to hold the municipal bond because it is tax-free