1) Please explain why bond prices are subject to changes in interest rates. 2) Describe the characteristics of a bond and provide an example of a firm or government entity that has recently issued (sold) these securities.

1) Please explain why bond prices are subject to changes in interest rates.

2) Describe the characteristics of a bond and provide an example of afirm or government entity that has recently issued (sold) thesesecurities.

200 -250 words

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