Which is a unique feature of Treasury Inflation-Protected Securities (TIPS)?

1. AThey are not backed by the U.S. government.
2. BThey are always issued at a discount.
3. CInterest is paid only at maturity.
4. DThe principal value is adjusted for inflation based on the Consumer Price Index.✓ Correct answer

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• Municipal bonds are typically exempt from:
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• A municipal securities dealer agrees to a private arrangement with another dealer to manipulate bond prices. Under MSRB…
• Which statement about municipal bonds is TRUE?