The tax advantage of corporate bonds is that there is ________.
A) no federal income tax on the interest and capital gains earned
B) no state income tax on the interest and capital gains earned
C) no federal or state income tax on the interest and capital gains earned
D) None of the choices are correct; there is no tax advantage for corporate bonds.
Correct Answer:
Verified
Q48: Bond mutual funds _.
A)provide immediate bond diversification
B)have
Q49: Bonds are known as _ because they
Q50: A bond ladder _.
A)helps reduce the risk
Q51: Which of the following is not one
Q52: The value of a bond is determined
Q54: If you expect interest rates to go
Q55: If interest rates are expected to decline,invest
Q56: Diversification is important in your bond portfolio
Q57: Corporate bonds can be purchased through a(n)_.
A)full-service
Q58: If you had $10,000 to invest in
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