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I don't understand these questions 1.Distinguish between debentures and mortgage bonds. 2.a. How does a bond's par value differ from its market value? b. Explain

I don't understand these questions

1.Distinguish between debentures and mortgage bonds.

2.a. How does a bond's par value differ from its market value?

b. Explain the differences among a bond's coupon interest rate, current yield, and required rate of return.

3.What factors determine a bond's rating? Why is the rating important to the firm's manager?

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