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Effect of Refunding of Debt Obligation

Only need assistance with part "B". Please review the attached simulation in order to complete. Please include references.

Before meeting with the Learning Team, each individual team member should run the "Accounting for Governmental Funds" simulation. As a team, prepare a paper that includes the following:

a. Discuss how the debt capacity of a governmental entity is determined.
b. Evaluate the effect of refunding or reorganizing existing debt obligations.
c. Analyze various funding alternatives that can be used to support debt obligation.
d. Describe how rating agencies evaluate governmental risk.


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