Which of the following would be the least relevant factor in determining if a municipal bond is suitable for a customer whose investment objectives are after-tax income, liquidity and marketability?
(A) Age of the customer
(B) Tax bracket of the customer
(C) The maturity of the bond
(D) The rating of the bond
If your primary investing objective is to preserve capital while generating a tax-free income stream, municipal bonds are worth considering, regardless of the age of the customer.