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Which is the better return for the investor on an after-tax basis? Please answer either corporate or municipal Information from prior: Consider the decision to purchase either a five-year corporate bond or a five-year municipal bond. The corporate bond is an 8.5% annual coupon bond with a par value of $1,000 and a yield to maturity of 9.0%. The municipal bond has an annual coupon of 6.5%, a par value of $1,000, and a yield to maturity of 6.75%