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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. |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
contrast the issuance and trading of government and corporate fixed-income instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 5.