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 ①
A、$1121.23 muniCipAl BonD ②
B、$1070.09 CorporAtE BonD ③
C、$1070.09 muniCipAl BonD
A、

A、①

B、

B、②

C、

C、③