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Municipal bonds can be either general obligation bonds or revenue bonds. Of these two types of municipal bonds, only general obligation bonds Question 7 options:
Municipal bonds can be either general obligation bonds or revenue bonds. Of these two types of municipal bonds, only general obligation bonds Question 7 options: A) are backed by the full faith and credit of the issuer. B) have the principal and interest guaranteed by a third party. C) repay the principal only if a sufficient level of revenue is generated. D) are specifically serviced by the income generated from particular projects.
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