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Basic Question 5 of 5
Which type of municipal debt is considered to be more risky?
B. revenue bonds
C. They have a similar degree of risk if issued by the same government.
A. general obligation bonds
B. revenue bonds
C. They have a similar degree of risk if issued by the same government.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe funding choices by sovereign and non-sovereign governments, quasi-government entities, and supranational agencies
CFA® 2024 Level I Curriculum, Volume 4, Module 5.