Bright Light Co. manufactures electrical appliances. Finance manager of the Company is looking for a financial instrument which fulfulls his long term finance needs but has Tax advantage to it. Suggest him which source of finance should he use. Give four advantages of this source.

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The finance manager of the company can invest in Government's Tax Free Bonds. If he does so, the interest earned from such bonds will not be taxed as income tax, Further such type of bonds are highly liquid in nature.
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