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Ai orthe following are true about UGMA and UTMA accounts EXCEPT A. Bobinaccoun's allow the custodian to collect fees for managing the account. B. Irendorsements
Ai orthe following are true about UGMA and UTMA accounts EXCEPT A. Bobinaccoun's allow the custodian to collect fees for managing the account. B. Irendorsements on certiicate are required, the cusfodian must sign the cerfificates. Ch The ininor's social securily numberis registered on the now account form. 5 Sildro the minor are irrevocable An investor buys a municipal bond at 130 with 20 years to maturity in the secondary market. If the investor sells the bond at 105 in 6 years. what is the gain or loss? A. $250 loss B. $160 loss C. $160 gain D. $150 loss
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