A U.S. Treasury bond pays 8.8 percent interest. You are in the 22 percent tax bracket. What is your after-tax yield on this bond? If you face a 22% marginal tax rate, what is your after-tax return on each of the following bonds?
A. A 8.3% coupon semiannual corporate bond with 10 years to maturity, currently selling for $1,016.
B. A 9% coupon semiannual corporate bond with 9 years to maturity, currently selling for $1,095.
C. A 3.8% coupon semiannual municipal