If All Other Characteristics Are Similar, ____ Would Have to Offer

question 40

Multiple Choice

If all other characteristics are similar, ____ would have to offer ____.

• A)taxable securities; a higher after-tax yield than tax-exempt securities
• B)taxable securities; a higher before-tax yield than tax-exempt securities
• C)tax-exempt securities; a higher after-tax yield than taxable securities
• D)tax-exempt securities; a higher before-tax yield than taxable securities

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Definitions:

Pounds

A unit of weight in the imperial system, equivalent to 0.453592 kilograms.

Common Denominator

The shared multiple of the denominators of two or more fractions, allowing them to be compared or combined.

Sum

The result of adding two or more numbers or quantities together.

Product

The result of multiplying two or more quantities together.