Which One of the Following Is the Distinguishing Characteristic of a Municipal

question 25

Multiple Choice

Which one of the following is the distinguishing characteristic of a municipal bond fund?

• A)high-yield
• B)federally tax-free income
• C)mortgage backed
• D)short-term
• E)low quality

---

Definitions:

B2E

Business-to-Employee, electronic transactions and services provided by a company to its employees.

Healthcare Benefits

Healthcare benefits refer to the health-related services and coverage that employers, government programs, or insurance policies provide to individuals.

Zenefits

A cloud-based software as a service (SaaS) company, which provides human resources services for small and medium-sized businesses, including payroll and benefits management.

Start-ups

New business ventures in their early stages, often characterized by innovation and designed to rapidly develop scalable business models.