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An investor owns a municipal bond fund. What is the tax status of distributions from the fund? A) Income is taxable, but capital gains distributions

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An investor owns a municipal bond fund. What is the tax status of distributions from the fund? A) Income is taxable, but capital gains distributions are tax free. B) Both income and capital gains distributions are tax free. C) Income is tax free, but capital gains distributions are taxable. D) Both income and capital gains distributions are taxable

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