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QUESTION 3 A municipal bond would least likely be classified as a revenue bond if it were issued for a. Construction of residential housing. b.

QUESTION 3

  1. A municipal bond would least likely be classified as a revenue bond if it were issued for

    a. Construction of residential housing.

    b. An upgrade to fire prevention facilities.

    c. Redevelopment of a professional baseball stadium.

    d. Airport construction.

QUESTION 4

  1. A large firm that pays a substantial dividend and has several globally known brand names in the soft drink industry and trades on the NYSE would least likely to be characterized as a(n):

    a. Growth stock.

    b. Income stock.

    c. Defensive stock.

    d. Blue chip stock.

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