Ever wonder how your city is able to fund large projects? A new bike trail, a public school, an airport, or even a football stadium? It all comes down to municipal securities. Municiapl securities are bonds issued by state and local governments, like cities or counties. The municipality sells off
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Treasury securities are those issued by the US Treasury Department while agency securities are issues by government-adjacent agencies.
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What is par and why should an investor opt for preferred stock over common? Preferred shares have three features over their common counterparts.
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