Stephanie’s bond investing decisions

1. How would Stephanie’s bond investing decisions be different if she were a single mother of two children?
2. How would Stephanie’s bond investing decisions be affected if she were 35 years old? If she were 50 years old?
3. Bond Characteristics. What is a bond? What is a bond’s par value? What are coupon payments, and how often are they normally paid? What happens when investors buy a bond below par value? When should you consider investing in bonds?