What distinguishes Treasury Bills (T-bills) from Bonds in terms of interest? Option: "T-bills carry higher interest rates", "Bonds have fixed interest rates, while T-bill rates fluctuate", "Bonds offer semi-annual interest payments", "T-bills are issued at a discount and redeemed at par value, without an interest component"

What distinguishes Treasury Bills (T-bills) from Bonds in terms of interest?

What distinguishes Zero Coupon Bonds from other bond types?

What is a characteristic feature of the interest rate associated with Tax-Free Bonds?

What types of bonds do TMFs primarily invest in?

What is the primary motivation for investors to include fixed-income securities like bonds in their portfolios?

Which type of fixed-income security is typically associated with a higher level of credit risk due to the elevated possibility of the issuer failing to meet its financial obligations?