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Georgia [21]
3 years ago
9

_____ bond funds offer lower yields but generate free from most federal taxes and in some cases, state and local taxes.

Business
1 answer:
Solnce55 [7]3 years ago
8 0
<span>Municipal bond funds offer lower yields but generate free from most federal taxes and in some cases, state and local taxes. Municipal bonds are issued by government entities and have smaller returns on their bonds paid by interest rates. Even though these bonds are commonly free of high taxes and have a smaller rate of return, there is still a large amount of risk involved in these bonds. </span>
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