Municipal bonds whose primary source of repayment are the revenues from the underlying financed project are known as:
a. general obligation bonds.
b. credit free bonds.
c. revenue bonds.
d. exempt bonds.
e. liquidity bonds.
Answer: C
Management Chapter | Multiple Choice | Questions and Answers | Test Bank
a. general obligation bonds.
b. credit free bonds.
c. revenue bonds.
d. exempt bonds.
e. liquidity bonds.
Answer: C