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Interest income from which of the following is SUBJECT to federal, state, and local taxes? I Federal National Mortgage Association issues II Government National Mortgage
Interest income from which of the following is SUBJECT to federal, state, and local taxes?
| I | Federal National Mortgage Association issues | |
| II | Government National Mortgage Association Issues | |
| III | U.S. Treasury Bills | |
| IV | Federal Intermediate Credit Bank issues |
A I only
B I and II only
C III and IV only
D I, II, III, IV
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Business Finance
Authors: Brian Watts
8th Edition
0712110720, 978-0712110723
