This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam exam.

In this episode you will learn:

- The difference between revenue bonds and general obligation (GO) bonds.

- The role and importance of a feasibility study in assessing project viability.

- What a rate covenant is and how it protects bondholders.

- The detailed priority of payments in a net revenue pledge's flow of funds.

- A mnemonic to help remember the flow of funds for the exam.

For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818