Answered: The largest type of municple bonds…

The largest type of municple bonds outstanding is: A. revenue bonds. B. Industrial development bonds. C. Treasurry strips. D. Convertable bonds. E. General obligation bonds.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter22: Corporations: Bonds

Section: Chapter Questions

Problem 5TF

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Question

The largest type of municple bonds outstanding is:

A. revenue bonds.

B. Industrial development bonds.

C. Treasurry strips.

D. Convertable bonds.

E. General obligation bonds.

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