Please Check my work. If i have an answer wrong please explain why. You can do answer in writing but I prefer Excel and show formulas please. Thank you!

Question 1 2 pts The information will be used for the first five questions. You, as an investor, are comparing two bonds: a corporate and a municipal. They both have a face value (par) of $1,000 and a 5-year term to maturity. The corporate bond has an 8% annual coupon and an 8.5% yield to maturity. The municipal bond has a 6% coupon and a 5.5% yield to maturity. Please calculate the price of the corporate bond. 980.3 Question 2 1 pts Assuming you have a 35% tax rate, what is the after-tax coupon payment that you will receive? 52 Question 3 2 pts What is your after-tax return on the corporate? 5.6 Question 4 2 pts What is the after-tax return on the municipal bond? 5.5 Question 5 1 pts Which one provides you, the investor, the best after-tax return? Corporate Bond O Municipal Bond O Equal O Don't care