Question 1 (10 points) Dena is in the 10% federal income tax bracket and wants to invest $8,000 in interest-carning assets. Cullen is in the 35% bracket and wants to invest $15,000. The current rate on a typical high-quality tax-exempt municipal bond is 5% and on a similar quality corporate bond is 6.5%. You are the financial adviser to both. Which investment would you recommend to each individual