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Answer completely all of the following questions: Why do state and local governments go into debt? What is a municipal bond? How does a municipal
Answer completely all of the following questions:
Why do state and local governments go into debt?
What is a municipal bond?
How does a municipal bond differ from a corporate bond?
What is Net Interest Cost (NIC) and how does it differ from True Interest Cost (TIC)?
What role does TIC play in governmental capital project financing?
Please, respond asap. It's very urgent!
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