Which of the following is true regarding tax-advantaged assets?
A. They are typically subject to excise taxes to account for their low explicit taxes
B. A corporate bond is typically considered a tax-advantaged asset
C. They are often subject to implicit taxes
D. A corporate bond is typically considered a tax-advantaged asset and they are often subject to implicit taxes are correct but not they are typically subject to excise taxes to account for their low explicit taxes
E. None of these
Answer: C