Which of the Following Is Purchased at Par Value,and Interest

question 2

Multiple Choice

Which of the following is purchased at par value,and interest is accrued and paid at redemption.Interest stops accruing after 30 years.Interest earnings are subject to federal income tax but are exempt from state and local income tax.

• A)Series BB savings bond.
• B)Series EE savings bond.
• C)Series H savings bond.
• D)Series I treasury bond.

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