Series 7 Exam Question 34: Answer and Explanation

Question: 34

Which of the following WOULD NOT affect the marketability of an outstanding municipal bond issue?

• A. The rating
• B. The dated date
• C. The maturity
• D. A sinking fund provision

Correct Answer: B

Explanation:

B. Certainly the rating, the maturity, and a sinking fund provision would affect the marketability of a municipal issue. However, the dated date (the first day the bond starts accruing interest) doesn't matter to investors of outstanding bonds.