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Financial Markets Cerification Guide: Practice Test 11 (Chapter 1)
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To improve the attractiveness for investors, the bonds are partially backed by
The financial securities which are issued to finance government expenditures and national debt are classified as
As compared to general obligation bonds, the revenue bonds are considered as
The marginal income tax rate is 35% and before tax rate of return is 12.5% then the after tax rate of return is
In best efforts offering, the price offered by investment banks is originally set by
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