Give two fixed-income security features

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1. Give two fixed-income security features that would have different attractiveness to different kinds of investors (e.g., private individual versus institutional investor).

2. You have just deposited $1000 in an unusual bank account that pays interest biannually (once every 2 years). If the 2-year interest rate is 8% (total interest over 2 years is 8%, not 8% per year), how much will you have in the account after 6 years?

Reference no: EM131950717

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