IIA
IIA-CFSA · Question #181
IIA-CFSA Question #181: Real Exam Question with Answer & Explanation
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Question
Municipal bonds are issued by state and local governments, U.S. territories, and non-federal public agencies such as school districts, cities, and airport authorities. Municipal debt is considered the second safest form of debt security after U.S. government obligations. Some types of municipal bonds include all of the following EXCEPT:
Options
- AGeneral obligation bonds
- BRevenue bonds
- CSingle barreled bonds
- DMoral obligation bonds
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