SIE Exam Practice Question 621

Question: 621

Which of the following investments will provide tax-exempt interest if the proceeds are used to pay for qualifying education expenses?

(1) FNMA funds

(2) Series EE bonds

(3) Treasury bonds

(4) Treasury bills

A. (2) only

B. (1) and (2) only

C. (2), (3), and (4) only

D. All of the above are correct.