Homework help

4. Based on the after-tax returns, at what federal tax rate (as shown in Chapter 4) is an investor better off choosing a tax-exempt 4.41 percent municipal bond over a taxable 6.28 percent corporate bond? The after-tax return on the corporate bond when the tax rate is 10% is %. (Round to two decimal places.) The after-tax return on the corporate bond when the tax rate is 15% is %. (Round to two decimal places.) The after-tax return on the corporate bond when the tax rate is 25% is % (Round to two decimal places.) The after-tax return on the corporate bond when the tax rate is 28% is % (Round to two decimal places.) The after-tax return on the corporate bond when the tax rate is 33% is %. (Round to two decimal places.) The after-tax return on the corporate bond when the tax rate is 35% is %. (Round to two decimal places.) The first tax rate at which the 4.41 percent municipal bond offers the better after-tax return is: (Select the best answer below.) O A. 28 percent. OB. 15 percent. O C. 10 percent. OD. 25 percent. O E. 35 percent. OF. 33 percent