Question 21 (4 points) There are two bonds, corporate bond yields 12% rate of return while municipal bond yield 7% rate of return. If your marginal tax rate is 26%, what is the after-tax rate for corporate bond? What is the after-tax rate for municipal bond? Which one would you choose? 8.88%; 7%; corporate bond 12%; 7%; municipal bond 8.88%; 5.18%; corporate bond 12%; 5.18%; corporate bond Previous Page Next Page Page 21 of 44