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NEW QUESTION: 1

A. Option D
B. Option B
C. Option C
D. Option A
Answer: C

NEW QUESTION: 2
Bill Foley, CFA, manages an intermediate tax-exempt bond fund. Foley makes the following two comments about securities in his portfolio.
Statement 1:Revenue bonds usually pay a higher coupon rate than general obligation bonds.
Statement 2:Double barreled bonds are municipal securities that are exempt from both federal and state taxes.
Which of the following best evaluates Statement 1 and Statement 2?
A. Only Statement 2 is correct.
B. Both Statements are incorrect.
C. Only Statement 1 is correct.
Answer: C

NEW QUESTION: 3

A. Option D
B. Option C
C. Option B
D. Option A
E. Option F
F. Option E
Answer: B,C,D

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