Contrast the income tax consequences of the yields on the
Contrast the income tax consequences of the yields on the following investments:
a. U.S. Treasury bonds.
b. Bonds issued by the State of Illinois.
c. Bonds issued by a publicly held corporation at their face value.
d. Bonds issued by a publicly held corporation at a discounted value.
e. Preferred stock issued by a publicly held corporation.
f. Shares issued by a mutual fund.
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