Why would a local government issue a taxable bond when that results in paying a higher interest

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Why would a local government issue a taxable bond when that results in paying a higher interest rate compared to issuing a tax-exempt bond?

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Bond Markets Analysis And Strategies

ISBN: 9780253337535

10th Edition

Authors: Frank J. Fabozzi, Francesco A. Fabozzi

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Question Posted: Jan 21, 2024 12:05 PM

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Why would a local government issue a taxable bond when that results in paying a higher interest

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There are a few reasons why a local government might find it beneficial to issue a taxable bond rath...View the full answer

Bond Markets Analysis And Strategies

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