FNCE$3000$ Mini$-$Case Project $2$

Ryan White and Sofia Martinez are vice presidents of Pacific Weatth Advisors and co$-$directors of the company's pension fund management division. A major new client, the Sunshine State Association, has requested that Pacific Wealth Advisors present an investment seminar to the mayors of the represented cities. White and Martinez, who will make the presentation, have asked you to help them by answering the following questions.

$(1)$ What are a bond's key features? Show at least five. $(3$ pts$)$