Write a 3 to 5 page report that answers the following:
1. what are the cash flows associated with a bond?
2.What is indenture? What are protective covenants? Give some examples.

3. What is the difference between a bond s clean price and dirty price?
4. What is the value of a share of stock when the dividend grows at a constant rate?
5. Which is bigger, the bid price or the ask price? Why?

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