Sản phẩm & Rủi roCâu 102 / 398
A city wants to finance a new municipal water and sewer system, and plans to repay bondholders only from the fees charged to users of that system. Which type of bond is this?
a.A revenue bond
b.A general obligation bond
c.A U.S. Treasury bond
d.A corporate debenture
Giải thích
Because repayment comes solely from the user fees generated by the water and sewer facility rather than from tax revenue, this is a revenue bond. A general obligation bond would instead be backed by the city's taxing power and typically require voter approval.
Trích dẫn luật: MSRB RulesLuyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
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