Which Two of the Following Are the Principle Means by Which

question 55

Multiple Choice

Which two of the following are the principle means by which a municipality can avoid a lump-sum principal repayment on a single maturity date?
I. issue only zero-coupon bonds
II. issue serial bonds
III. issue term bonds with a sinking fund provision
IV. issue only variable-rate notes

• A) I and II only
• B) I and III only
• C) II and III only
• D) II and IV only
• E) III and IV only

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Definitions:

Obsession

A persistent, intrusive, and unwanted thought, idea, or image that causes significant anxiety or distress.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, 5th Edition, a comprehensive classification of officially recognized psychiatric disorders.

Diagnostic Labels

Terms or categories used by healthcare professionals to describe and classify mental health conditions and physical diseases.

Stigmatizing

The act of labeling or treating an individual or group as worthy of disdain or disgrace.