Question

Which of the following would be the least relevant factor in determining if a municipal bond is suitable for a customer whose investment objectives are after-tax income, liquidity and marketability?

(A) Age of the customer
(B) Tax bracket of the customer
(C) The maturity of the bond
(D) The rating of the bond

Answer 1

A. Age of the customer

Step-by-step explanation:

If your primary investing objective is to preserve capital while generating a tax-free income stream, municipal bonds are worth considering, regardless of the age of the customer.