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Which of the following reasons for a municipality to buy bond insurance is NOT true? A. Insurance will lower the investors risk when purchasing the

Which of the following reasons for a municipality to buy bond insurance is NOT true?

A. Insurance will lower the investors risk when purchasing the bond.

B. Insurance will lower a municipalitys credit rating.

C. Insurance will reduce the interest rate that the municipality will have to pay to its bondholders.

D. None of the above.

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