Question: Explain thoroughly and completely the difference between General Obligation (G.O.) bonds and Special Obligation (S.O.) bonds. What is the difference between a term bond and

Explain thoroughly and completely the difference between General Obligation (G.O.) bonds and Special Obligation (S.O.) bonds. What is the difference between a term bond and a serial bond? Explain what is a sinking fund. What types of bonds typically require sinking funds?

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