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You Purchased a Series I Saving Bonds 4 Years Ago

Question 26

Multiple Choice

You purchased a Series I saving bonds 4 years ago. Which one of the following applies if you redeem that bond today?


A) You have to wait one more year to receive your cash.
B) You will only be able to redeem 50 percent of your holdings.
C) You will incur a 3-month earnings penalty.
D) You will be paid the fixed interest rate but will forfeit any inflation adjustment.
E) You will forfeit 6 months of interest.

Correct Answer:

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