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You live in a New York State municipality and always wanted to buy its bonds. Most of the municipality's tax revenues are obtained from real
You live in a New York State municipality and always wanted to buy its bonds. Most of the municipality's tax revenues are obtained from real property taxes and sales taxes. List three significant factors about the municipality (covering financial, economic, and demographic factors) that you would like to know about before you make the investment, and state why each factor will enhance your faith in the city's ability to pay you back.
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