Answer to Question

Homework: M2: Chapter 5 Homework Save Score: 0 of 1 pt 16 of 18 (15 complete) HW Score: 57.34%, 10.32 of 18 pt P5-34 (similar to) IS Question Help Your best taxable investment opportunity has an EAR of 4.5%. Your best tax-free investment opportunity has an EAR of 2.6%. If your tax rate is 30%, which opportunity provides the higher after-tax interest rate?" The investment opportunity has the higher after-tax interest rate with % (Select from the drop-down menu and round to one decimal place.) Enter your answer in the answer box and then click Check