Tax-exempt bonds:
a. include U.S. Treasury securities because the Internal Revenue Service does not charge income tax on interest earned from these bonds.
b. are most beneficial to those who pay higher income tax rates.
c. generate higher returns for the bondholder when purchased through a tax-exempt retirement account.
d. are not affected by changes in yields on taxable bonds.

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05-06-2024
Business

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Tax-exempt bonds:
a. include U.S. Treasury securities because the Internal Revenue Service does not charge income tax on interest earned from these bonds.
b. are most beneficial to those who pay higher income tax rates.
c. generate higher returns for the bondholder when purchased through a tax-exempt retirement account.
d. are not affected by changes in yields on taxable bonds.

Sagot :

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