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The following information pertains to Questions 27-28. A corporate bond pays 650 percent interest. A municipal bond pays 4 85 percent interest A treasury bond

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The following information pertains to Questions 27-28. A corporate bond pays 650 percent interest. A municipal bond pays 4 85 percent interest A treasury bond pays 25 percent interest. You are in the 40 percent income tax bracket. Which bond would give you a higher after-tax return? . All yield the same b. Municipal Oc Corporate Od Treasury QUESTION 28 What is the after-tax return on the corporate bond? O a 650 b.390 OC 4205 Od 7101 Click Saue and Submit to see and submit. Click Save All Answers to sate all answers

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