Pay-As-You-Go Financing has proven for some school districts to be an ideal way to finance capital outlays. Which of the following is included in the advantages of using this approach?

a. It is the quickest and probably the easiest way of obtaining funding from the government.
b. it has been feasible in districts that are small and have low property values
c. it is particularly important in periods of high interest rates and inflation
d. it is convenient and tends to reduce the time required to obtain school facilities


D

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