Series 6 - Investment Company And Variable Contracts Products Representative Exam
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Municipal bonds may be a good recommendation for:
People in a low marginal tax bracket
A
People in a high marginal tax bracket
B
People who are interested in capital appreciation
C
People who are looking for investments for their IRAs
D
Explanations
People in a high marginal tax bracket may be interested in municipal bonds because interest received is exempt from federal taxes.