Explain why credit unions and pension funds rarely purchase municipal securities while casualty companies do. (Hint: It

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Explain why credit unions and pension funds rarely purchase municipal securities while casualty companies do. (Hint: It has something to do with the tax status of credit unions.)                Appendix

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An Introduction To Financial Markets And Institutions

ISBN: 978-0765622761

2nd Edition

Authors: Maureen Burton ,Reynold F. Nesiba ,Bruce Brown

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