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Compare this yield to a 10.41 percent, 20-year, A-rated, tax-exempt municipal bond and explain which alternative is better. (Select the best answer below.) A. The

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Compare this yield to a 10.41 percent, 20-year, A-rated, tax-exempt municipal bond and explain which alternative is better. (Select the best answer below.) A. The 10.41 percent tax free municipal bond is a better alternative than the after tax yield of 11.70 percent for the corporate bond at the 15 percent tax rate. B. The after tax yield of 11.70 percent for the corporate bond is a better alternative than the 10.41 percent tax free municipal bond at the 15 percent tax rate

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