September – December 2023 Finance question due tomorrow 2pm EST
Business & Finance
Please answer the following finance question and cite your sources:If all investors are using this method, why does the same bond buy or sell at different prices? In other words, why is there a market for bonds? Why do some financial analysts treat preferred stock as a special type of bond rather than as an equity security? Include in your discussion the relationship between bond prices and interest rates.
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