A general obligation (GO) municipal bond is one that A) is ...

[storky111]

A general obligation (GO) municipal bond is one that
 
  A)
 
  is supported by the full taxing authority of the issuing government.
  B)
 
  is supported by specific revenues related to the project the bond issue financed.
  C)
 
  obligates the general public to buy the bonds.
  D)
 
  offers no support whatsoever.

Question 2

An action on the part of a firm that increases the level of expected cash flows without a corresponding increase in risk should reduce share value; an action that reduces the level of expected cash flows without a corresponding decline in risk should
 
  increase share value.
  Indicate whether the statement is true or false

[fraziera112]

Answer to Question 1

A

Answer to Question 2

FALSE