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Given the following information on two investments, select the most correct or most representative answer. > Investment A is a tax - advantage security with

Given the following information on two investments, select the most correct or most representative answer.
> Investment A is a tax-advantage security with a tax-exempt yield of 6%. Investment B is a taxable security with a pretax return of 7.5%.
> The marginal tax rate is 20%.
Question options:
Question 1 options:
a. Investment B has a higher after-tax return versus Investment A.
b. Investment A and Investment B have identical after-tax returns.
c. Investment A has a higher after-tax return versus Investment B.
d. Investment A is the better quality investment vehicle because it has a tax-exempt yield.

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