What is meant by arbitrage as the term is used in this chapter? Why should governmental accountants
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Arbitrage is the excess interest earned by governments that 1 issue taxexempt bonds or other deb...View the full answer
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Related Book For 
Governmental and Nonprofit Accounting
ISBN: 978-0132751261
10th edition
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
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