31. In terms of municipal debt financing, general obligation bonds tend to be is

ID: 2788796 • Letter: 3

Question

31. In terms of municipal debt financing, general obligation bonds tend to be issued more frequently—and account for a larger dollar share of total issued—than revenue bonds. (Points : 3)        True
       False Question 32.32. Municipal bonds that are issued to pay for essential public projects are exempt from federal taxation. (Points : 3)        True
       False Question 33.33. Most stock trading in the U.S. occurs in over-the-counter markets rather than on organized exchanges. (Points : 3)        True
       False 31. In terms of municipal debt financing, general obligation bonds tend to be issued more frequently—and account for a larger dollar share of total issued—than revenue bonds. (Points : 3)        True
       False

Explanation / Answer

In terms of municipal debt financing, general obligation bonds tend to be issued more frequently—and account for a larger dollar share of total issued—than revenue bonds, it should be the other way around because the funding status of many pension funds is usually lower.

Municipal bonds that are issued to pay for essential public projects are exempt from federal taxation this is completely true

Most stock trading in the U.S. occurs in over-the-counter markets rather than on organized exchanges, this is false as over the exchanges the trading number exceeds

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31. In terms of municipal debt financing, general obligation bonds tend to be is

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