Question: 17. You are examining two different MMMFs. Fund A is tax-exempt and pays 7%. Fund B is taxable and pays 9.5%. You live in a

17. You are examining two different MMMFs. Fund A is tax-exempt and pays 7%. Fund B is taxable and pays 9.5%. You live in a state that imposes no income taxes and you are in the 25% federal tax bracket. Which of these two alternatives is better? A) Find A is the better choice. B) Fund B is the better choice. C) Fund A and Fund B are equal so they both are a wise choice. D) Neither Fund A nor Fund B are wise choices

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