14. a. Why do credit rating agencies evaluate municipal debt obligations of U.S. entities that are tax-backed

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14.

a. Why do credit rating agencies evaluate municipal debt obligations of U.S. entities that are tax-backed and revenue-backed in a different way?

b. Which type of municipal debt is analyzed in a manner similar to corporate debt?

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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