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nordsb [41]
3 years ago
12

Municipalities would issue tax exempt commercial paper for all of the following reasons EXCEPT to: A meet a temporary cash short

age due to unforeseen extraordinary expenses B refund an outstanding bond issue C provide construction period financing that will be permanently financed by a future bond sale D smooth out collections of funds that are normally subject to seasonal fluctuations
Social Studies
1 answer:
Anni [7]3 years ago
5 0

Answer:

B refund an outstanding bond issue

Explanation:

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