Determine which statments are false and explain why the


Question: Determine which statments are false and explain why?

1. The active management apporach to investing presumes as information -efficient market.

2. Interest income from investing in muni bonds is subject to federal income tax.

Which one is false and explain why? (The amswer might be both of them)

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Finance Basics: Determine which statments are false and explain why the
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