The yield on tax-exempt bonds is A. usually less than 50% of the yield on taxable bonds B.normally about 90% of the yield on taxable bonds C. greater than the yield on taxable bonds D. less than the yield on taxable bonds AS Moving to another question will save this response. A corporation in a 34% tax bracket invests in the preferred stock of another company and earns a 6% pretax rate of return. An individual investor in a 15% tax bracket invests in the same preferred stock and earns the same pretax return. The after-tax return to the corporation is _, and the after-tax return to the individual investor is A. 3.96%; 6% B.6%; 6% C.3.96%: 5.1% D.5.39% 5.1%