Question

Double barreled bond backed primarily by:

A) Corporate, Municipal.
B) Municipal, Corporate.
C) Treasury, Corporate.
D) Corporate, Treasury.

Answer 1

A double barreled bond is backed primarily by both Corporate and Municipal entities. These types of bonds are issued by companies and local governments to raise capital for various purposes.

Step-by-step explanation:

A double barreled bond is backed primarily by both Corporate and Municipal entities. These types of bonds are issued by companies and local governments to raise capital for various purposes, such as financing projects or expanding operations.

For example, a company may issue a double barreled bond to fund the construction of a new manufacturing facility, while a local government may issue one to finance the construction of a new school or hospital.

By combining the support of both Corporate and Municipal entities, double barreled bonds offer investors a level of security that comes from the creditworthiness of both types of issuers