Question 34 Not yet answered Points out of 2.00 P Flag question Luke has the choice to invest in city of St. Pete bonds or Tervis, Inc. corporate bonds that pay 10 percent interest. Luke is a single taxpayer with a marginal tax rate of 25 percent. Assume that the city of St. Pete bonds and the Tervis, Inc. bonds have similar risk. What interest rate would the city of St. Pete have to pay in order to make Luke indifferent between investing in the city of St. Pete and the Tervis, Inc. bonds for year 2021? Select one: O A. 10 percent OB. 8 percent O C. 7.5 percent OD. 7.2 percent