What is the present value of a 7 percent semi-annual pay corporate bond with a $1000 face value and 20 years to maturity if it is yielding 6. 375 percent If a municipal bond is yielding 4.16 percent and an investors marginal tax rate is 35 percent, would the investor prefer the corporate bond or the municipal bond Value Investor preference（）①A. $1121.23 municipal bond ②B. $1070.09 corporate bond ③C. $1070.09 municipal bond
A. ①
B. ②
C. ③
