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7. An advantage of investing in municipal bonds is: a. Typically they have a higher yield than corporate bonds. b. They are less risky then

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7. An advantage of investing in municipal bonds is: a. Typically they have a higher yield than corporate bonds. b. They are less risky then treasury bonds. C. Income earned is exempt from federal taxes; and from state taxes if the holder resides in the issuing state. d. They are exempt from foreign taxes

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