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Question 7 (4 points) Bond flipping is a problem in the muni market. True False Question 8 (4 points) Which of the following is true

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Question 7 (4 points) Bond flipping is a problem in the muni market. True False Question 8 (4 points) Which of the following is true about muni bond credit ratings? Credit ratings usually factor in the city's sustainable tax base and the city's financial preparedness. Credit ratings only factor in the city's reserve funds. Credit ratings for muni bonds only factor in the effectiveness of the city's management None of the above Question 9 (4 points) Municipalities are known for sometimes issuing misleading disclosure statements to investors. True False

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