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MC Qu. 7-22 Which of the following is a... Which of the following is a reason municipal bonds offer lower rates of interest income for

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MC Qu. 7-22 Which of the following is a... Which of the following is a reason municipal bonds offer lower rates of interest income for their investors? Multiple Choice They are able to offer reduced credit risk as they are backed by the federal government They are tax exempt -- at least at the federal level. O They are able to avoid interest rate risk O They are able to avoid reinvestment rate risk

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