Question: Renee needs to choose between two investing options: - a municipal bond with a return of 4.5% OR - a corporate bond with a stated

Renee needs to choose between two investing options: - a municipal bond with a return of 4.5% OR - a corporate bond with a stated return of 7%. If her marginal tax rate is 35%, which investment should be chosen and why (answer should be given with numerical figures)

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