Because returns on municipal bonds are _________, they have lower _________. Ans

Question

Because returns on municipal bonds are _________, they have lower _________. Answer tax free; interest rates taxed heavily; default risk backed by local governments; liquidity very risky; interest rates Because returns on municipal bonds are _________, they have lower _________. Because returns on municipal bonds are _________, they have lower _________. Because returns on municipal bonds are _________, they have lower _________. tax free; interest rates taxed heavily; default risk backed by local governments; liquidity very risky; interest rates tax free; interest rates taxed heavily; default risk backed by local governments; liquidity very risky; interest rates

Explanation / Answer

tax free; interest rates

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