__________ are used to finance specific projects where the proceeds of those projects are used to pay off holders of the security.
A)Negotiable certificates of deposit
B)General obligation bonds
C)Revenue bonds
D)Repurchase agreements

Question

Quizplus · Accepted Answer

Revenue bonds are specifically used to finance projects where the revenue generated from the project is used to pay off the holders of the security. This is in contrast to general obligation bonds, which are backed by the full faith and credit of the issuer and can be used for a broader array of purposes. Negotiable certificates of deposit and repurchase agreements are types of short-term financing tools, not long-term project financing securities.

__________ Are Used to Finance Specific Projects Where the Proceeds