Indicate which bond in the following pairs of bonds is to bear the higher likely interest rate (yield) and state why. If there is no general reason for a difference, indicate that they would be the same a.

a. A corporate bond rated Aaa or a municipal bond rated Aaa.

b.A municipal bond rated Baa or a municipal bond rated Aa

c. A general obligation bond issued by a city or a revenue bond issued by a city.

d. A general obligation bond rated Aa issued by a city or a general obligation bond rated Aa issued by a county.

e. A municipal bond (term) with maturity in five years or a municipal bond (term) with maturity in twenty years.