Three clients$-$Sam's Sporting Goods, Jamie's Basketball Academy, and Jessica's Sport Marketing Agency, have asked you to determine the best investment option for them. All three clients have been offered to invest in a municipal bond. This municipal bond is from the same state as your clients and is exempt from state and local taxes for interest. The bond's yield is $3\mathrm{.}75$ percent with five years left until maturity. Sam's Sporting Goods is in the $15$ percent tax bracket, Jamie's Basketball Academy is in the $28$ percent tax bracket, and Jessica's Sport Marketing Agency is in the $35$ percent tax bracket. Assuming a taxable investment yields your client's $5\mathrm{.}0\%,$ which of your clients should purchase the municipal bond?

Formulas used: Tax$-$equivalent yield $=$ tax$-$exempt yield $-$tax rate$)$ ; Minimum tax$-$exempt yield $=$ taxable yield $(1-$tax rate$)$

Select one:

A$.$ Jamie's Basketball Academy and Jessica's Sport Marketing Agency

B$.$ Jessica's Sport Marketing Agency

C$.$ Sam's Sporting Goods

D$.$ Sam's Sporting Goods, Jamie's Basketball Academy, and Jessica's Sport Marketing Agency

E$.$ None of the clients should invest in the municipal bond