Minimum denominations of municipal bonds are
A. $5,000
B. $10,000
C. $12,000
D. $22,000
Answer: Option A
Solution(By Examveda Team)
Typically, municipal bonds have a minimum denomination of $5,000, but some issuers may impose a higher minimum denomination, most commonly in the amount of $100,000.This Question Belongs to Management >> International Finance And Treasury
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