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What do Yankee Stadium (NY) and Soldier Field (Chicago) have in common?

ngpf.org 5/14/21

Q:

Investing #55

QUESTION OF THE DAY

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Investing

The stadiums were built by issuing bonds (IOUs) that were bought by investors

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A:

QUESTION OF THE DAY

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FOLLOW-UP QUESTIONS

  1. These stadiums were able to issue these bonds at a lower interest rate due to a government subsidy. Do you think it is fair for stadiums to receive a government benefit? Why or why not?
  2. Do you think bonds that are issued to pay for stadiums would be popular with sports fans?

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