A. more inflated
B. less inflated
C. less risky
D. more risky
✅ The correct answer is option D.
As compared to general obligation bonds, revenue bonds are considered as more risky. Revenue bonds are generally of higher risk than general obligation bonds, and as a result, they typically offer higher yields.
As compared to general obligation bonds, revenue bonds are considered as more risky. Revenue bonds are generally of higher risk than general obligation bonds, and as a result, they typically offer higher yields.