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An income trust Question 1 1 Answer a . is a good replacement for bonds in your asset allocation. b . has tax implications similar

An income trust
Question 11Answer
a.
is a good replacement for bonds in your asset allocation.
b.
has tax implications similar to dividends.
c.
is similar to a stock investment in price volatility but pays all cash flows to investors.
d.
pays taxes on its earnings and then distributes the remainder of the cash flow to investors.

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