Describe the essential characteristics of a bond and how, Financial Management

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Describe the essential characteristics of a bond and how

1. Describe the essential characteristics of a bond and how these characteristics interact to determine bond value, inclusive of how both the interest rate and coupon rate influence bond value and pricing.

2. Summarize call provisions and sinking fund provisions. Explain how these types of provisions individually make bonds more or less risky for a) an investor, and b) the issuer.

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Financial Management: Describe the essential characteristics of a bond and how

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Financial Management: Describe the essential characteristics of a bond and how

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