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Question 13 (4 points) If I had to choose between a corporate bond of six year maturity and a municipal bond also of six year

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Question 13 (4 points) If I had to choose between a corporate bond of six year maturity and a municipal bond also of six year maturity. The corporate bond is currently yielding 12%. The municipal bond is currently yielding 7%. Which of the two bonds is better for you if your marginal tax rate is 35%. Considering only the information given, which is a better buy. Both really are the same. 7% Municipal Bond 12% after-tax, Corporate Bond 7.8% after tax, Corporate Bond

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