Which types of bonds do not pay ordinary income tax on, Financial Management

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Which types of bonds do not pay ordinary income tax on

1. A bond with 16 years until maturity has a coupon rate of 7 percent and a yield to maturity of 6.8 percent. What is the price of the bond?

2. NGL Energy Partners spreads its risk among propane/butane terminals, crude terminals, water facilities, refined fuel terminals, truck stations, rail leases and renewables. Currently yields at 13.51%. What does this tell you about the risk of the company?

3. Which types of bonds do NOT pay ordinary income tax on their dividend earnings?

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