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1. Answer the following questions: 1. Define what a bond is. Who can issue bonds and for what purpose? 2. Mention and explain 3 characteristics

1. Answer the following questions: 1. Define what a bond is. Who can issue bonds and for what purpose? 2. Mention and explain 3 characteristics of bonds. 3. Explain and distinguish between the two factors that impact a bond's risk. 4. Define the concept of stocks (stock). 5. Explain and distinguish between the two types of actions.

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