Using the information in the tables, calculate the equivalent required return for the bond fund for different tax brackets. Then compare the actual return of the corporate bond fund with the required return, and show which each investor, by tax bracket, would select. $($Notes: Assume investors are risk neutral and use Cells A$3$ and A$4$ for your output in the final Column$)$

$($Use cells B$3$ to C$4$ from the given information to complete this question.$)$

$\backslash$table$[[$Tax Bracket,$\backslash$table$[[$Corporate Bond Fund$],[$Required Rate of$],[$Return$]],$Preferred Fund$],[0\mathrm{.}12,,],[0\mathrm{.}22,,],[0\mathrm{.}24,,]]$