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Your grandma learned that you are taking a finance class and calls you asking for advice. She wants to invest $10,000. She has two options:

  1. Your grandma learned that you are taking a finance class and calls you asking for advice. She wants to invest $10,000. She has two options: (1) a State of California muni-bond that is paying 4.4 annual interest (2) Apple is issuing a bond that is paying 5.1 annual interest. Her tax rate is 25% and both investments have the same risk. Grandma asked you to help her choose the investment that will have the highest return. Please explain to grandma which investment she should pick you my need some data to help with your explanation.

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