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Investment Interest Expense Does Not Include

Question 23

Multiple Choice

Investment interest expense does not include:


A) interest expense from loans to purchase municipal bonds.
B) interest expense from loans to purchase corporate bonds.
C) interest expense from loans to purchase stocks.
D) interest expense from loans to purchase U.S. savings bonds and interest expense from loans to purchase corporate bonds.
E) interest expense from loans to purchase corporate bonds and interest expense from loans to purchase stocks.

Correct Answer:

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