Which type of security has interest payments that are generally exempt from federal income taxes?   A. Treasury bonds   B. Municipal bonds   C. Mortgage-backed securities   D. Commercial loans

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance
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Which type of security has interest payments that are generally exempt from federal income taxes?

  A.

Treasury bonds

  B.

Municipal bonds

  C.

Mortgage-backed securities

  D.

Commercial loans

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