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Some financial institutions such as pension plans are forbiddin by law to invest in, options: a. junk bonds. b. corporate stock. c. Treasury securities. d.
Some financial institutions such as pension plans are forbiddin by law to invest in,
options:
| a. junk bonds. |
| b. corporate stock. |
| c. Treasury securities. |
| d. investment-grade bonds. |
If all other characteristics are similar, the quoted yield on tax exempt securities is lower than the quoted yield on taxable securities.
options:
True | |
False |
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