Bonds that are backed by cash flow from project and are sold to finance particular project are classified as
A. finance bonds
B. revenue bonds
C. financing bonds
D. project bonds
Answer: Option B
Solution(By Examveda Team)
Bonds that are backed by cash flow from project and are sold to finance particular project are classified as revenue bonds. Revenue bonds are municipal bonds that finance income-producing projects and are secured by a specified revenue source. Typically, revenue bonds can be issued by any government agency or fund that is managed in the manner of a business, such as entities having both operating revenues and expenses.Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
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B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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