Income distributed by a mutual fund from which one of the following sources receives a preferential tax rate of 15%?
A) dividends on common stock
B) interest on bonds
C) dividends from most preferred stocks
D) dividends from REITs
Answer: A
Business
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Citizens of one country who are living and working in another are called ________
A) local employees B) domicile residents C) repatriates D) expatriates
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The market risk premium represents the expected difference between:
A) the return on AAA bonds and Treasury bonds. B) the prime rate and the 3-month Treasury bill rate. C) the return on the stock market and the return on preferred shares. D) the return on the stock market investment and the risk-free return.
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