Series 52 study plan

Classify every bond structure in the type list as general obligation, revenue, or hybrid, and state the revenue pledge that secures each

Differentiate serial, term, and balloon maturity structures and explain why an issuer would choose each

Diagram call features (optional, mandatory, extraordinary, sinking fund) and compute yield-to-call versus yield-to-maturity on three sample bonds

Match coupon structures (fixed, zero, step-up, variable, inverse floater) to the interest-rate risk each creates

Distinguish the major revenue bond categories (utility, airport, hospital, higher-ed, toll road, housing, industrial development) by their revenue source and coverage mechanics

Explain municipal notes (BANs, TANs, RANs, TRANs, GANs) and identify which cash flow backs each

Apply federal tax rules for municipal interest: private activity bonds and AMT, original issue discount, market discount, de minimis, and premium amortization

Contrast insured, bank-backed (LOC), and unenhanced bonds by credit and liquidity implications

Map the primary and secondary market participants (issuer, financial advisor, underwriter, broker-dealer, investor, trustee, paying agent) to their functions

Compute price, yield, accrued interest, and dollar price from basis for premium, par, and discount bonds

Rank a bond's yield-to-worst across call dates and explain how the yield curve and credit spread shift pricing

Trace a trade from execution through clearance and settlement at a depository, including confirm requirements

Describe real-time trade reporting and public dissemination of municipal trades and where an investor finds them

Explain the elements of a customer confirmation and the duties triggered when a customer buys or sells in the secondary market

Review weeks 1 through 3 notes and rewrite every concept you could not explain aloud in under 60 seconds

Distinguish official statement disclosure from post-issuance continuing disclosure and identify who owns each obligation

Contrast competitive bidding and negotiated underwriting by timeline, issuer control, and pricing dynamics

Sequence a negotiated deal from pre-marketing through syndicate formation, order period, pricing scale, and closing

Allocate orders under a priority-of-orders provision and explain the retail-order-period and designated-order mechanics

Identify the sections of the official statement and the underwriter's due-diligence obligations before signing

Build a debt service schedule and compute debt service coverage ratios for a revenue bond feasibility case

Project revenues and expenses, then test the deal against a rate covenant and additional-bonds test

Explain how feasibility analysis informs underwriter pricing, rating, and the decision to bring a deal to market

Re-price one week 3 problem using a shifted yield curve and state how the syndicate's spread absorbs the change

Organize the conduct rules that govern dealings with customers, fair pricing, supervision, and recordkeeping by what each actually requires

Apply the rules on political contributions and payments to bond ballot campaigns to three scenario fact patterns

Distinguish advertising restrictions from general customer-communication rules and identify what must be pre-approved

List continuing disclosure obligations under the annual report and event-notice framework and who is responsible for each

Take two full-length simulated exams under timed conditions and score each by domain

Rank remaining weak topics by error frequency and close the top five with targeted review

Re-derive settlement dates, yield calculations, and DSCR formulas from memory without notes

Write a one-sentence plain-language definition for every term on your own must-know list