x , G oracle ticker /ilm/take Assignment/takeAssignmentMain.do?invoker-&takeAssignm Se x sionLocator assignment-take&inprogress false Print Item Problem 5-51 (LO. 2) Tonya, who lives in California, inherited a $100,000 State of California bond in 2018, Her marginal Federal tax rate is 35%, and her marginal state tax rate is 5%. The California bond pays 3.3% interest, which is not subject to California income tax. She can purchase a corporate bond of comparable risk that will yield 52% or a US government bond that pays 4.6% interest. Hint: Don't forget to calculate any potential federal tax savings from a deduction from CA state taxes. What is the after-tax income form each bond? U.S. government bond: California bond: Corporate bond: Which investment will provide the greatest after-tax yield? Check My Work