SIE Exam Practice Question 862

Question: 862

Which of the following is a type of bond secured by both a defined source of revenue (other than property taxes) and the full faith and credit or taxing power of an issuer?

Correct Answer: B

Explanation:

A double-barreled bond is secured by both a defined source of revenue (other than property taxes) and the full faith and credit or taxing power of an issuer.

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