The process of selling them in the primary market

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Reference no: EM132050391

You are the Finance Director for the City of Atihciw. The Public Works Director has successfully lobbied the City Council to issue $20,000,000 in bonds to finance a new wastewater treatment plant. The debt will be repaid by water fees paid by the public (i.e., it is “revenue” debt). Describe the issuance team that would be put together to sell the bonds, and the process of selling them in the primary market.

Reference no: EM132050391

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