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klemol [59]
3 years ago
9

Which bond type would help a small town build a sewer system?

Social Studies
2 answers:
Lisa [10]3 years ago
8 0

The correct answer is D.

Municipal bonds are issued by a state, a municipality or a county, and constitute a form of financing a large investment, which requires a large-size loan. The large loan is divided into a certain number of debt securities of equal value. Investors buy those securities, and will be entitled to the devolution of the principal of the bond (total amount lent that is represented by the face value of the security) and to interest payments.

S_A_V [24]3 years ago
5 0
D. municipal bonds
They are  issued by states, cities, and municipal subdivisions. They are issued to fund community projects like sewer systems.
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