Respuesta :
The type of municipal bond issue that would be used to finance the construction of public schools would be a General Obligation Bond.
A revenue bond, such as one for a toll road or bridge, pays back creditors from the money made from the project it is backing.
Holders of GO bonds are depending on the full faith and credit of the issuing municipality, but a revenue bond is backed by a specific revenue source.
Revenue bonds often carry a higher risk than GO bonds and pay a higher rate of interest because their owners can solely rely on the revenues of the particular project.
To learn more about Revenue bonds here
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