SIE - Securities Industry Essentials Exam

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A GO Bond

Is backed by the credit and taxing authority of the issuer.
A
Is backed by revenue from a specific project.
B
Is the riskiest type of municipal bond.
C
Is subject to currency risk.
D
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Explanations

GO bonds are general obligation bonds and are backed by the full faith and credit of the municipality which includes the full taxing power of the municipality.

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