What is the difference between a term bond issue and a serial bond issue? Why are many

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What is the difference between a term bond issue and a serial bond issue? Why are many capital improvements made by state and local governments financed through serial bonds?

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Investments An Introduction

ISBN: 978-0324561388

9th Edition

Authors: Herbert B Mayo

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Question Posted: Jun 26, 2012 07:30 AM

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What is the difference between a term bond issue and a serial bond issue? Why are many

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A term bond issue matures at a specified date A serial bond issue has a ...View the full answer

Investments An Introduction

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