If you want to maximize safety and earn federally


If you want to maximize safety and earn federally tax-exempt interest, you should buy

a. municipal bonds backed by the revenue earned on the project funded by the bond.

b. municipal bonds backed by the taxing authority of the issuing government.

c. US treasury bonds backed by the taxing authority of the US federal government

d. US Treasury bills backed by the taxing authority of the US federal government

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Financial Management: If you want to maximize safety and earn federally
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