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Ella James
Business
5 February, 01:48
What are two features of a bond
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Lindsay Mooney
5 February, 02:00
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Face/Par Value. The first characteristic of a bond is its face, or par value.
Coupon/Yield. The coupon or yield of a bond is the interest rate the issuer agrees ...
Maturity. The maturity is the date at which the bond's principal comes due ...
Issuer. The type and quality of the bond issuer is also an important characteristic ...
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