What are municipal bonds? What characteristics makes them especially attractive to high-income investors?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter5: Managing Checking And Savings Accounts
Section5.2: Open Checking And Money Market
Problem 3CC
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What are municipal bonds? What characteristics makes them especially attractive to
high-income investors?
What kinds of expenses do mutual funds incur? How are expense ratios calculated?
Transcribed Image Text:What are municipal bonds? What characteristics makes them especially attractive to high-income investors? What kinds of expenses do mutual funds incur? How are expense ratios calculated?
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