Series 7 - General Securities Representative Exam
Advisors often recommend Municipal Bonds to their clients. Which of the following is true about Municipal Bonds?
Interest paid on them may be federally tax freeA
Municipal bonds are T BondsB
Municipal Bonds are generally for lower tax bracket investorsC
Municipal Bonds are issued by S&P 500 CompaniesD
Interest paid on municipal bonds is generally federally tax-free, making them an attractive investment option for individuals in high income tax brackets