Given that you must pay a tax of 25% on your interest income, if you are offered a tax-exempt bond with a yield of 10% and a taxable bond with a yield of 12%, you should buy _____ for a higher profit because it will yield a return of _______.

	d.A tax-exempt bond; 12.5%
	e.A taxable bond;9%
	c. A tax-exempt bond; 10%
	b. A taxable bond; 12.5%
	a. A taxable bond; 12%