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Learning Objectives
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In this chapter, you will learn to:

  1. Explain why you should establish an investment program.
  2. Describe how safety, risk, income, growth, and liquidity affect your investment program.
  3. Identify the factors that can reduce investment risk.
  4. Understand why investors purchase government bonds.
  5. Recognize why investors purchase corporate bonds.
  6. Evaluate bonds when making an investment.







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