Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 4 of 4
When assessing the credit risk of tax-backed municipal bonds, an analyst should consider the following factors ______.
II. the issuer's budgetary policy
III. flow of funds structure
IV. the issuer's political discipline
I. the issuer's debt structure
II. the issuer's budgetary policy
III. flow of funds structure
IV. the issuer's political discipline
User Contributed Comments 2
User | Comment |
---|---|
danlan2 | IV=Local tax and intergouvernmental policy? |
praj24 | Lol these questions, I just relate to the Greek drama. |

Your review questions and global ranking system were so helpful.

Lina
Learning Outcome Statements
contrast the issuance and trading of government and corporate fixed-income instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 5.