It will be enough just giving the correct answer(Please as FAST as possible) You don't need to write detailed explanation.

24 - Below are some statements. Which of them is/are true? a) An increase in tax rates will increase the demand for municipal bonds, lowering their interest rates. b) Because coupon payments on municipal bonds are exempt from federal income tax, the expected after-tax return on them will be higher for individuals in higher income tax brackets. All of the above are true statements. d) Interest rates on municipal bonds will be lower than on comparable bonds without the tax exemption. Bo brak