Question: 2. a) What is the difference between a bond and line of credit? b) What is the difference between a bond and a debenture? c)

2. a) What is the difference between a bond and line of credit?

b) What is the difference between a bond and a debenture?

c) What is the risk-free rate? Where can we get values for it?

d) what happens to the current value of a bond as the discount (going interest rate) changes?

e) what are junk bonds? Maple bonds?

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