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  3. a alpha corporation purchased several municipal bo

a Alpha Corporation purchased several municipal bonds and AAA corporate bonds yielding an average of...

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a Alpha Corporation purchased several municipal bonds and AAA corporate bonds yielding an average of four percent and six percent. respectively. Additionally, it also purchased preferred stock, on a publicly traded company, with a dividend yield of seven percent Alpha Corp. retains ownership over 0.2 percent of total market capitalization of the aforementioned publicly traded company. If the Alpha Corporation were in the 20 percent tax bracket, its after-tax return on the municipal bonds, corporate bonds, and the publicly traded company's preferred stock would be respectively Multiple Choice 4 percent 4 8 percent, & 6.58 percent 4 percent 4 percent. & 49 percent 48 percent o percent & 7 percent 5 percent 500 percent. & 656 porcent. 4 percent. 43 peot 50 percent

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