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    Financial Markets and Institutions Study Set 1
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    Exam 12: The Bond Market
  5. Question
    General Obligation Bonds Have Specific Assets Pledged as Security or Specific
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General Obligation Bonds Have Specific Assets Pledged as Security or Specific

Question 27

Question 27

True/False

General obligation bonds have specific assets pledged as security or specific sources of revenue allocated for their repayment.

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