Question: Tax - exempt bonds are not affected by changes in yields on taxable bonds. include U . S . Treasury securities because the Internal Revenue
Taxexempt bonds
are not affected by changes in yields on taxable bonds.
include US Treasury securities because the Internal Revenue Service does not charge income tax on interest earned from these bonds.
generate higher returns for the bondholder when purchased through a taxexempt retirement account.
are most beneficial to those who pay higher income tax rates.
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