Which of the following classifications represents the highest legal level of budgetary control?

Select the correct ranking of the following securities in terms of increasing yield. (Assume that each bond has average quality within its class.)

A) Corporate bond, Municipal GO bond, Municipal revenue bond B) Municipal GO bond, Municipal revenue bond, Corporate bond C) Corporate bond, Municipal GO bond, Municipal Revenue bond D) Municipal revenue bond, Municipal GO bond, Corporate bond

Indorsements are required to negotiate order paper

Indicate whether the statement is true or false