Calculate the​ after-tax return of a ​percent, 20-year,​ A-rated corporate bond for an investor in the percent marginal tax bracket. Compare this yield to a ​percent, 20-year,​ A-rated, tax-exempt municipal​ bond, and explain which alternative is better. Repeat the calculations and comparison for an investor in the percent marginal tax bracket.

David consumes two things: gasoline (q 1) and bread (q 2). david's utility function is u(q 1, q 2)equals70q 1 superscript 0.5 baseline q 2 superscript 0.5. let the price of gasoline be p 1, the price of bread be p 2, and income be y. derive david's demand curve for gasoline. david's demand for gasoline is q 1equals nothing. (properly format your expression using the tools in the palette. hover over tools to see keyboard shortcuts. e.g., a subscript can be created with the _ character.)