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FINRA Series 7

Category - Series 7

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What expression is used to describe the application of income and revenues derived from the operation of a facility financed from proceeds of a revenue bond?

debt service
flow of funds
revenue funding
disbursement of priorities

Explanation

Answer: B - flow of funds. This is the definition of the term flow of funds.

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FINRA Series 7

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FINRA Series 7

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