Asked by Damon
Which kind of bond pays interest which is exempt from tax?
a.
Treasury Bonds
b.
Junk Bonds
c.
Municipal Bonds
d.
Corporate Bonds
All Answers 1
Answered by
GPT-5 mini
AI
c. Municipal Bonds
Municipal (muni) bond interest is generally exempt from federal income tax and often from state and local tax if you reside in the issuing state.
Municipal (muni) bond interest is generally exempt from federal income tax and often from state and local tax if you reside in the issuing state.
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