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If a municipality has funds available to make a partial call of an issue of...

If a municipality has funds available to make a partial call of an issue of outstanding serial bonds, which bonds should be called first?

A.

the shortest maturity

B.

the maturity with the largest number of bonds

C.

the longest maturity

D.

the maturity bearing the lowest interest rate

FINRA Series-7 Summary

  • Vendor: FINRA
  • Product: Series-7
  • Update on: Jul 25, 2025
  • Questions: 400
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