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Question 7 1 pts Municipal bonds are always fully exempt from federal taxation; Treasury securities are always fully exempt from state and local taxation. True

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Question 7 1 pts Municipal bonds are always fully exempt from federal taxation; Treasury securities are always fully exempt from state and local taxation. True False Question 8 1 pts A bond issue sold by Toyota in Tokyo and denominated in yen, would be called a "Samurai" bond by most market participants. True False Question 9 1 pts All else the same, the government debt of Mexico sold in the market as "Brady bonds" typically traded at much lower market yields than did the standard bonds issued by the Mexican government. True False

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