21. The tax advantage of corporate bonds is . (LO 14-3) a. You do not have to...

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21. The tax advantage of corporate bonds is .

(LO 14-3)

a. You do not have to pay federal income tax on the interest and capital gains you earn.

b. You do not have to pay state income tax on the interest and capital gains you earn.

c. You do not have to pay federal or state income tax on the interest and capital gains you earn.

d. There is no tax advantage for corporate bonds.

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Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

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