Question: Explain the main characteristics making bonds a more popular long-term alternative to investing in stocks? Make examples to distinguish between an investment-grade bond and a

 Explain the main characteristics making bonds a more popular long-term alternative

Explain the main characteristics making bonds a more popular long-term alternative to investing in stocks? Make examples to distinguish between an investment-grade bond and a junk bond. Discuss what are the risks an investor would face when making an investment in corporate bonds? [15 marks]

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