1. The tax advantage of corporate bonds is a. You do not have to pay federal income tax on the interest and capital gains you earn. b. You do not have to pay state income tax on the interest and...

1. The tax advantage of corporate bonds is

a. You do not have to pay federal income tax on the interest and capital gains you earn.

b. You do not have to pay state income tax on the interest and capital gains you earn.

c. You do not have to pay federal or state income tax on the interest and capital gains you earn.

d. There is no tax advantage for corporate bonds.