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BigorU [14]
4 years ago
15

The features of Municipal bonds make them attractive to high income, _________ bracket investors. Multiple Choice Extra-tax Low-

tax No-tax Average-tax High-tax
Business
1 answer:
shusha [124]4 years ago
8 0

Answer:

The correct answer is letter "D": High-tax.

Explanation:

A municipal bond is a debt instrument used for collecting money for a project by a city, state, county or other local government. Municipal bonds also referred to as "<em>Munis</em>" are debt instruments as they are primarily used for the transfer of funds to a lender when an investor purchases one. In return, in the years before maturity, the authority promises to pay interest.

<em>Municipal bonds are attractive to investors classified in the high-income, high-tax bracket because they are exempt from federal taxes.</em>

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4 years ago
Everdeen Inc. has a 90-day operating cycle. If its average age of inventory is 35 days, how long is its average collection perio
mart [117]

Answer:

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