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If a corporate bond's yield is 8% and is selling at par. A tax-exempt municipal bond's yield is offering 4%, and is also selling at

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If a corporate bond's yield is 8% and is selling at par. A tax-exempt municipal bond's yield is offering 4%, and is also selling at par. If your tax rate is 40%, which bond should you buy and what's your tax exempt rate? O A. Corporate bond, 3.0% Municipal bond, 3.6% C. Corporate bond, 4.8% B. Municipal bond, 3.8%

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