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q1 q2 9 Dennis is currently considering investing in municipal bonds that eam 8.55 percent interest, or in taxable bonds issued by the Coca-Cola Company

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9 Dennis is currently considering investing in municipal bonds that eam 8.55 percent interest, or in taxable bonds issued by the Coca-Cola Company that pay 11.40 percent . If Dennis's tax rate is 22 percent, which bond should he choose? a. 476 point Municipal bonds Taxable bonds b. Which bond should he choose this tax rate is 32 percent? Municipal bonds Table bonds c. At what tax rate would he be indifferent between the bonds? d. What strategy is this decision based upon? Development planning strategy Business planning strategy Decision planning strategy Marketing planning strategy Conversion planning strategy Timing strategy Income shifting strategy

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