The corporate treasurer of Wooden Furniture Inc.is considering the purchase of either a municipal obligation with a 6.1% coupon or a corporate bond with a 9.5% return.Both bonds have a $1,000 par value.The company is currently in the 35% marginal tax bracket.Which security should the treasurer recommend?

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The Answer of The corporate treasurer of Wooden Furniture Inc.is considering the purchase of either a municipal obligation with a 6.1% coupon or a corporate bond with a 9.5% return.Both bonds have a $1,000 par value.The company is currently in the 35% marginal tax bracket.Which security should the treasurer recommend?

The Corporate Treasurer of Wooden Furniture Inc