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calculate the after tax return of a 11.23 percent, 20 year,a-rated corporate bond for an invested in the 15 percent marginaltax bracket. Compare this yield to a 7.09 percent, 20 year,a-rated, tax exempt municipal bond amd explain which alternative isbetter. repeat the calculation amd comparison for an investor inthe 33 percent marginal tax bracket.The after-tax return of a 11.23 percent, 20 year, a -ratedcorporate bond for an investor in the 15 percent marginal taxbracket is _____% ( round to two decimal places)
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