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    Contemporary Business Study Set 2
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    Exam 16: The Financial System
  5. Question
    A General Obligation Bond Is a Bond Issue Whose Proceeds
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A General Obligation Bond Is a Bond Issue Whose Proceeds

Question 80

Question 80

True/False

A general obligation bond is a bond issue whose proceeds will be used to pay for a project that will produce revenue,such as a toll road or bridge.

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