Help
Course Catalog > Bonds > 200
Bonds 209: Revenue Bonds

Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
Revenue bonds pay more interest than general obligation bonds because their revenue-producing abilities cannot be predicted with certainty.
Choose wisely. There is only one correct answer.
True. To compensate, revenue bonds offer higher interest.
2.
A city wishing to build a toll road would finance it with a revenue bond rather than a general obligation bond.
Choose wisely. There is only one correct answer.
True. Revenue bonds fund facilities that produce revenues, such as tolls.
3.
Revenue bondholders receive their interest and principal payments from _______.
Choose wisely. There is only one correct answer.
Project income. Payments come from these revenues.
4.
The New Housing Authority issues bonds for ________.
Choose wisely. There is only one correct answer.
Low-income housing. The New Housing Authority builds low-income housing and finances it partly through revenue bonds.
5.
Revenue bonds that include backing by a municipality's credit are called _______.
Choose wisely. There is only one correct answer.
Double-barreled bonds. They receive collateral from a double source; thus the name.