Morgan,a financial advisor,has told her clients the following things.Which of her statements is not correct?
A) "U.S.government bonds generally pay a higher rate of interest than corporate bonds."
B) "The interest received on corporate bonds is taxable."
C) "U.S.government bonds have the lowest default risk."
D) "If you purchase a municipal bond,you can sell it before it matures."
Correct Answer:
Verified
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