Type your answer in the box. Jack has $1,000 to invest. He has a choice between municipal bonds with an interest rate of 4% or corporate bonds with an interest rate of 6%, Jack has a marginal tax rate of 25%. Given this information, Jack should invest in the bonds is bonds. The after-tax rate of return on the municipal % and the after tax rate of return on the corporate bonds is %. The difference in the rates of return is known as taxes. Read about this Do you know the answer? Think so No idea I know it