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1 . What are characteristics of a bond and what is the purpose of it ? 2 . What determines the Bond Price? 3 .

$1 .$ What are characteristics of a bond and what is the purpose of it $?$

$2 .$ What determines the Bond Price?

$3 .$ What is the relationship between Price of a Bond and its return? What if the Price of a Bond is equal to Face Value?

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1 Characteristics and Purpose of a Bond A bond is essentially an IOU from an issuer government or company to an investor you Heres what defines a bond ... blur-text-image

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