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Which statement is TRUE? a.General obligation bonds are backed by the full faith and credit...

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Finance

Which statement is TRUE?

a.General obligation bonds are backed by the full faith and credit of the issuing body.

b.The Bond Syndicate makes sure that the issuer has the authority to sell tax free bonds without registering with the SEC.

c.Municipalities that want to issue securities publish notices in the Bond Counsel

d.All of the above are True or None of the above are true

Which statement is TRUE?

a.issuing a bond today that will be used to payoff a bond that will be called in the future is known as pre-refunding

b.The Net Interest Cost is basically the same thing as a bonds Yield to Maturity

c.Municipalitys wanting to issue bonds need to receive a qualified opinion from their Bond Counsel

d.All of the above are True or None of the above are true

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