TAX-EXEMPT BONDS: You are interested in purchasing a $50,000 par value bond issued by the Los Angeles County School District. The annual coupon rate is 4.75%. The bond is presently selling for $49,471 and has exactly five years remaining until maturity. At the same time, you are contemplating, as an alternative investment, the purchase of a $50,000 taxable bond issued by United Parcel Service. This bond also has exactly five years remaining until maturity and its annual coupon rate is 6.45%. However, this bond is presently selling for $50,938. Given your marginal tax rate of 22%, which bond is the more advantageous for you to own, assuming risk as well as the duration are equivalent. Please use only the Approximate Yield to Maturity model to facilitate the calculations