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Basic Question 0 of 5
The key credit metric for revenue-backed municipal bonds is the ______.
B. debt service coverage ratio
C. cash available for debt service (CADS)
A. interest coverage ratio
B. debt service coverage ratio
C. cash available for debt service (CADS)
User Contributed Comments 1
| User | Comment |
|---|---|
| johntan1979 | DSCR = EBIT/Total debt service |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe funding choices by sovereign and non-sovereign governments, quasi-government entities, and supranational agencies
CFA® 2025 Level I Curriculum, Volume 4, Module 5.