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If you face a 2 2 % marginal tax rate, what is your after - tax return on each of the following bonds? A 7

If you face a 22% marginal tax rate, what is your after-tax return on each of the following bonds?
A 7.9% coupon semiannual corporate bond with 13 years to maturity, currently selling for $1,016.
%
A 8% coupon semiannual corporate bond with 12 years to maturity, currently selling for $1,045.
%
A 7% coupon semiannual municipal bond with 7 years to maturity, currently selling for $1,194.
%

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