QUESTION 2 (a) Supposed that an investor in the 35 percent tax bracket is trying to decide which of the two bonds to purchase. One is a corporate bond carrying an 8 percent coupon and selling at par. The other is a municipal bond with a 6 percent coupon, and it, too sells at par. Assuming all other relevant factors are equal, which bond should the investor select? Please provide your calculation to support your answer. (4 marks) (b) Your non-economist friend would like to know more about corporate bond. Briefly explain to him the differences between a general obligation bond and a revenue bond