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Exam (elaborations)

FINRA SERIES 7 EXAM 2024 WITH 100% ACCURATE SOLUTIONS

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FINRA SERIES 7 EXAM 2024 WITH 100% ACCURATE SOLUTIONS STRIPS may be attractive to investors for which of the following reasons? A. They offer semi-annual interest payments B. The securities are tax-free until they mature C. They carry almost no reinvestment risk D. They are offered at only a 20 year maturity which is a maturity that is not offered by traditional Treasury securities - correct answer C. They carry almost no reinvestment risk The Alternative Minimum Tax (AMT): A. Adds back in certain "tax preference items" that are deducted for purposes of regular income tax B. Is designed to ensure that residents of states with high taxes do not pay more tax as a percentage of income than residents of states with lower taxes C. Affects

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