Final answer:
The correct answer to the student's question is b. Official Statement.
Step-by-step explanation:
The correct answer to the student's question is b. Official Statement. An Official Statement is a document released by a municipality that gives details about a new offering of municipal bonds. This document includes information about the procedures and criteria underwriters must follow to bid on the bond offering. It also contains details about the bond itself, such as its purpose, financial status of the issuer, terms of the bond, and any risks associated with the investment.
Options such as the Blue List, Notice of Sale, and Tombstone Advertisement have different purposes in the context of bond offerings. The Blue List is a daily publication listing bonds for sale, a Notice of Sale is an announcement that details the sale and solicits competitive bids from underwriters, and a Tombstone Advertisement is a post-issue advertisement that announces the underwriters and details of the bonds sold.