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Municipal bonds: Are totally risk free. Generally have higher coupon rates than corporate bonds. Pay interest that is federally tax free. Are rarely callable. Are
Municipal bonds:
Are totally risk free.
Generally have higher coupon rates than corporate bonds.
Pay interest that is federally tax free.
Are rarely callable.
Are free of default risk.
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Finance For Growing Enterprises
Authors: Edward W. Davis, Roger Buckland
1st Edition
1138679941, 978-1138679948
