Describe the main characteristics of a bond. Discuss two different types of risk that bondholders might be exposed to. What could a bondholder do to limit exposure to one of these risks? Explain the two types of bond coventents and provide an example? Are these coventents typically viewed as beneficial by bondholders? Stockholders? Explain. If a bond expires in 10 years and you only plan on holding the bond for one more year is knowing the YTM useful? Explain.