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IIA

IIA-CFSA · Question #182

These are the most common type of municipal bonds and are backed by projected revenue streams from the infrastructure built by the bond. These revenues can be in the form of rental r user fees for…

The correct answer is D. Revenue bonds. See the full explanation below for the reasoning.

Question

These are the most common type of municipal bonds and are backed by projected revenue streams from the infrastructure built by the bond. These revenues can be in the form of rental r user fees for facilities or even tolls for road improvements. What are these?

Options

  • ADoubled barreled bonds
  • BMoral obligation bonds
  • CSpecial tax bonds
  • DRevenue bonds

How the community answered

(36 responses)
  • A
    8% (3)
  • B
    3% (1)
  • C
    17% (6)
  • D
    72% (26)

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