Discuss the pros and cons of tax-backed and revenue municipal bonds and the advantages and disadvantages...

80.2K

Verified Solution

Question

Finance

Discuss the pros and cons of tax-backed and revenue municipalbonds and the advantages and disadvantages of including them in aportfolio.

Answer & Explanation Solved by verified expert
4.3 Ratings (886 Votes)
Tax Backed and Revenue Muncipal Bonds Municipal bonds are debt instruments issued by city and local governments They are normally used to raise money for capital investment in local projects such as schools streets and highways bridges hospitals public housing and utilities Municipal bonds bear interest which is paid at either a fixed or variable rate depending on the terms of the bond Revenue Municipal Bonds repay from a specified future    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students