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If you face a 12% marginal tax rate, what is your after-tax return on each of the following bonds? 1.A 6% coupon semiannual corporate bond

If you face a 12% marginal tax rate, what is your after-tax return on each of the following bonds?

1.A 6% coupon semiannual corporate bond with 6 years to maturity, currently selling for $1,130.

2. A 5% coupon semiannual municipal bond with 5 years to maturity, currently selling for $1,086.

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