The minimum denominations of municipal bonds are _____________?
Correct answer: A. 5000
- A. 5000
- B. 10000
- C. 12000
- D. 22000Try Prep Courses
Explanation
Municipal bonds are commonly issued in minimum denominations of $5,000, making option a the standard figure. Larger denominations may also be available, but they are not the usual minimum.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Business Finance
Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
Practise Business Finance
975 free Business Finance MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Business Finance questions
As compared to publicly placed issues, the privately placed bonds are issued for _________?
The type of Eurobonds which are convertible are considered as ___________?
To improve the attractiveness for investors, the bonds are partially backed by ____________?
The issues sold by investment banks and guarantees the issuer by buying new issue at fixed price is classified as _________?
The value of option issued to call debt is subtracted from rate of return on callable bond to calculate the rate of return on ____________?
The treasury bills are issued on __________?