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In order for municipal bond investors to receive the state tax exemption on their interest payments, it is necessary that they: A invest at least

In order for municipal bond investors to receive the state tax exemption on their interest payments, it is necessary that they:

A invest at least $

50, 000

initially

B invest in bonds with at least a BBB rating

live in the state in which the municipality issuing the bonds exists

none of the choices listed

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