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The bonds that are supported with income from the project and are offered to back specific venture are classified as?
19. The bonds that are supported with income from the project and are offered to back specific venture is classified as?
- Finance Bonds
- Revenue Bonds
- Trade
- Convertible Bonds
Answer: B) Revenue Bonds
Explanation:
Income security is a classification of metropolitan bonds upheld by the income from a particular task, for example, a cost extension, expressway, or nearby arena. Income bonds that finance pay creating projects are consequently gotten by a predefined income source.