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.
Factories are likely to be financed by which of the following type of revenue bond?
Choose wisely. There is only one correct answer.
Industrial. Industrial revenue bonds fund factories.
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.
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.
4.
Revenue bondholders are the first to receive a municipal project's earnings.
Choose wisely. There is only one correct answer.
False. Operations expenses are paid first. Revenue bondholders are paid next.
5.
Which of the following does NOT secure a revenue municipal bond?
Choose wisely. There is only one correct answer.
Taxes. Taxes are not collected to pay revenue bonds.