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lutik1710 [3]
3 years ago
12

Municipal bonds include all of the following types EXCEPT: (A) New Housing Authority (B) GNMA's (C) Water & Sewer revenue (D

) General obligation
Social Studies
1 answer:
erma4kov [3.2K]3 years ago
7 0

Answer:

The correct answer to the following question will be Option B (GNMA's).

Explanation:

  • GNMA pays interest payments on securities that are debt-based provided by funds guaranteed by the Housing Finance Agency and the Department of Veteran affairs. Different GNMAs are released in fixed quantities of 25,000 dollars.
  • GNMA presents Ginnie Maes as securities which are issued by a government-not municipal security agency.

Therefore, Option B is the right answer.

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