Gracie Has Retired After Serving 40 Years as a Teacher

question 14

Multiple Choice

Gracie has retired after serving 40 years as a teacher. She wants to supplement her retirement savings by investing in some form of low-risk financial instrument. She, however, is particular about investing in bonds where the interest income earned would be exempted from federal income taxes. In this scenario, Gracie should invest in _____.

• A) corporate stocks
• B) government securities
• C) preferred stocks
• D) exchange traded funds

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Definitions:

Cooperative Play

A stage of play development where children play together, creating and organizing games and activities with shared goals and understanding.

Common Goals

Shared objectives or aims among individuals or groups that guide actions and foster collaboration towards achieving a specific outcome.

Independently

Acting or functioning without dependence on others; autonomously.

Observing

The act of carefully watching and examining phenomena, environments, or behaviors to gather information.