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1 - From a firm's point of view, how is a bond similar to a bank loan? How are they different? 2 - What are

1 - From a firm's point of view, how is a bond similar to a bank loan? How are they different?

2 - What are some reasons why the investment strategy of a 30-year-old might differ from the investment strategy of a 65-year-old?

3 - Why is it hard to forecast future movements in stock prices?

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