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NEW QUESTION: 1
You have a client, Richie Rich, who is in the 39.6% marginal tax bracket, and one of his investment goals is to minimize his payments to the IRS.
Which of the following instruments would serve this purpose?
A. an investment-grade corporate bond
B. U.S. Treasury bills
C. Both Selections A and B would serve to minimize his payments to the IRS.
D. general obligation bonds
Answer: D
Explanation:
Explanation/Reference:
Explanation: General obligation bonds would serve to minimize Mr. Rich's payments to the IRS. These are a type of municipal bond, which pays interest that is tax-exempt at the federal level (and at the state and city level under certain circumstances.) Income earned on U.S. Treasury bills and corporate bonds is fully taxable at the federal level.
NEW QUESTION: 2
Which LUN type presents more storage to an application than is physically allocated?
A. Clone Private LUN
B. RLP LUN
C. Thin LUN
D. Thick LUN
Answer: C
NEW QUESTION: 3
A. d.1-D Array of {4, 3}
B. b.1-D Array of {4, 4, 4}
C. a.1-D Array of {3, 3, 3, 3}
D. c.1-D Array of {3, 4}
Answer: C
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