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(Fundamentals of Financial MGT ch. 7) 1. What are the key features of a bond? 2. What are the key features of a bond? What

(Fundamentals of Financial MGT ch. 7)

1. What are the key features of a bond?

2. What are the key features of a bond? What is interest rate risk? Which bond has more interest rate risk, an annual payment 1-year bond or a 10-year bond? Why?

3. What factors determine a company's bond rating?

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