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Author Question: Federal agency bonds are all of the following except (Read 53 times)

JMatthes

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Question 1

Which of the following statements is 
not true regarding municipal bonds?


◦ They are issued by state and local governments.
◦ They are free from the risk of default.
◦ The interest is exempt from federal income taxes.
◦ The interest is exempt from state taxes if the investor resides in the state where the bond was issued.

Question 2

Federal agency bonds are all of the following 
except


◦ issued by government agencies or government-sponsored entities.
◦ have a very low degree of default risk.
◦ issued by Ginnie Mae, Freddie Mac, and Fannie Mae.
◦ exempt from all taxation.


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Marked as best answer by JMatthes on Apr 14, 2019

k2629

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JMatthes

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Reply 2 on: Apr 14, 2019
Excellent


mcabuhat

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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