sponse 22. Debt issued by Southwest Airways currently yields 24%. A municipal bond of equal risk currently yields 16%. At what marginal tax rate would an investor be indifferent between these two bonds? a. 16% b. 24% c. 33% d. 35% O e. None of the above 23. The one-year interest rate over the next eight years will be 4.5%, 5.5%, 6%, 8%, 10%, 11.5%, 14%, and 15.5% respectively. Using the expectations theory, what will be the interest rates on a six-yean bond? O a. 11.5% O b. 12% O C. 14.56% O d. 6% O e. None of the above