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6. Answer the following short answer questions on cash and fixed interest: a) Discuss the key features of a fixed-interest or bond investment b) Outline
6. Answer the following short answer questions on cash and fixed interest:
a) Discuss the key features of a fixed-interest or bond investment
b) Outline the key risks of investing in bonds
c) Discuss the relationship between coupon rates and the market interest rate
d) Discuss what is meant by trading at par, premium and discount
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