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J. B. Wands has $14,000 to invest. He lives in Saskatchewan and has other income of $90,000 for the year. A current bond issue is

J. B. Wands has $14,000 to invest. He lives in Saskatchewan and has other income of $90,000 for the year. A current bond issue is paying 6 percent while a popular share issue offers a 4.7 percent dividend return. a. Calculate the better return on an after tax basis [assume 33.0% marginal rate on bonds and 9.63% on shares). What is the after tax yield? b. What other factors should be considered

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