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xiaily xiaily
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2 years ago
The required rate of return on municipal bonds can be lower than on Treasury bonds because

▸ they do not include an inflation premium.

▸ they have less risk than Treasuries.

▸ they have shorter maturities.

▸ they are exempt from federal taxes.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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someonespecialsomeonespecial
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2 years ago
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xiaily Author
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2 years ago
Smart ... Thanks!
kevin12323h
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Yesterday
Correct Slight Smile TY
Fleury
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2 hours ago
Thank you, thank you, thank you!
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