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(iii)!Briefly!explain!why!a!fixed!interest!bond!may!be!traded!at!a!price!below!its!par! Value. (v) Identify!and!discuss 4!of!the!main!risks!that!comprise!the!risk!premium.

(iii)!Briefly!explain!why!a!fixed!interest!bond!may!be!traded!at!a!price!below!its!par! Value.

(v) Identify!and!discuss 4!of!the!main!risks!that!comprise!the!risk!premium.

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