Question: Question 3 Marks(7+8+15)a. Define what is a bond and how does it is different from ashare (equity)? b. Describe the relationship between bond price andinterest

Question 3 Marks(7+8+15)a. Define what is a bond and how does it is different from ashare (equity)? b. Describe the relationship between bond price andinterest rate using present value concept 1 answer

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