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Select which of these statements regarding Treasury notes and Treasury bonds is CORRECT. One-Both Treasury notes' and bonds' interest payments are income tax free at
Select which of these statements regarding Treasury notes and Treasury bonds is CORRECT. One-Both Treasury notes' and bonds' interest payments are income tax free at the state and federal level. Two-Treasury notes and bonds are considered default risk free. Three-If held for more than one year, interest paid on Treasury bonds is eligible for long-term capital gain treatment. Four-Both Treasury notes and bonds are not traded in the secondary market.
Question 4 options:
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a) | One, Three, and Four |
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b) | Three and Four |
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c) | Two only |
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d) | One and Two |
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