1. Bond Features and Valuation: Explain how the features of bonds such as par value, coupon rate, and maturity affect their valuation. Use examples to illustrate your points. 2. Impact of Interest Rates: o Discuss how changes in interest rates can affect the valuation of bonds. What happens to bond prices when interest rates rise? How does this impact investors? 3. Yield to Maturity (YTM): Describe the concept of Yield to Maturity (YTM) and its significance in bond valuation. How would you explain YTM to someone new to finance? 4. Bond Ratings: Analyze the importance of bond ratings provided by agencies like Moody's and S&P. How do these ratings affect the interest rates on bonds issued by corporations or governments? 5. The Fisher Effect: Explain the Fisher Effect using a real-world example. How does understanding this concept help investors make better decisions?