Am I better off investing in registered or book-entry municipal bonds? Can yon purchase the same bond either way? Is there a price difference?
Most municipal bonds are issued in book-entry form only. You are probably better off buying book-entry municipal bonds because, that way, you will not have to worry about losing your certificates. A bond cannot be purchased both in book-entry and registered form. They are only issued in one form or the other.
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Sunday, April 5, 2009
Understanding Bonds - Question 96
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