Mr. Ashish Sharma is vice president of Nepal Metal Works Inc. The company is considering issuing bonds to satisfy part of its financing need for a new venture of Steel Plant, which is going to be launched in Mid-Western Region of Nepal. He knows that Nepalese Financial Market is sensitive to the price and terms and condition of bond issue. As a result of this fact he is reluctant to entertain with new issue. As a financial consultant, he is seeking your help on certain issues associated with bond contract features, price and yields. You are required to address the following issues on behalf of Mr. Sharma. 1. What are the key features of a bond