For a Taxpayer in the 15% Marginal Tax Bracket,a 15-Year

Multiple Choice

For a taxpayer in the 15% marginal tax bracket,a 15-year municipal bond currently yielding 6.2% would offer an equivalent taxable yield of:

A) 6.2%.
B) 5.27%.
C) 8.32%.
D) 7.29%.
E) none of the above.