Use the following data for questions 15 and 16. Suppose a municipal bond has a yield of 4%, while comparable taxable bonds pay 5%. 15. Which bond gives you the higher after-tax yield if your tax bracket is 30%? (a) Municipal bond (b) Corporate bond 16. At what tax rate would you be indifferent between the two bonds? (a) 25% (b) 10% (c) 30% (d) None of the above (Answer is 20%)