1. All the chapters are here.
2. Want to go straight to quizlets? Go here.
3. When you're ready for a practice exam, go here. And remember to hit the restroom before you start.
4. Flashcards: "blah blah blah"
5. Tired of flashcards? Really? Well here's a list of all the words
Ok, if you need to go through this quick and dirty introduction again. You know where to find me.
Please silence your phones. We hope you enjoy the show.
Callability: Just like corporate bonds, muni bonds can be called by the issuer before maturity. In general, the same rules apply. The call price will be at a premium to compensate for the vanishing tax-free interest. The bonds have to be issued for a certain time period (usually 5 years) before they can be called. That sort of thing.
In theory, a revenue bond could have a put feature, but we’ve never heard of one actually being issued.
Lifecycle: Muni Bond Inception Walk-Through
Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!