The writer is very fast, professional and responded to the review request fast also. Thank you.
******* ************* ********** NameDate: 1 **** the quotation ** one *** bond **** ******** the ***** “Last ***** ******** ******* ***** ********** ** **** ********** **** ***** Nts 10/15/18 ***** *************** ********* ******* ********** Change– | ** %Bid ****************** Size100Ask Size100High-Low-Volume-Open-Bid ************ ************* ***** ***** ** ********* **** ************ Date10-15-2018Issue ************* **************************** ******** *** *********** **** *** ******** **** the ***** ** *** **** *** **** to ******* each number *** symbol **** ******* ** *** **** ************ Corp ***** *** ******** ***** ARCA:IBM18) * ******** ******* **** ****** *** bond **** ***** ****** **** ******* ******** **** ************ *** **** identifier ************ – ***** ****** *** ******* to pay *** *** ******* **** * *** amount ** ***** available *** sale at *** Bid ******** – Price ******* *** ******* to sell *** bondAsk **** * *** ****** of bonds *** ****** is ******* to **** ** *** Bid ******** ***** * *** ****** ** return *** buyer ****** expectAsk ***** * *** amount ** return *** ****** should ************ **** * *** ****** ******** **** **** ** * bondMaturity **** – *** **** **** *** ********* of *** **** ****** ** *** ** *** investorIssue Type * *** **** of **** issuedCUSIP – ********* ** ******* Security Identification Procedures – Alphanumeric **** that ********** *** **** for ********** of ******** ****** **** par value ** the **** is ***** **** *** *** **** ***** ** *** **** ** *** (listed in **** ***** ****************** ****** **** *** ***** ** *** **** ** ***** ********* annual ****** ******** *************** * ***** * $7625 5 ****** **** *** value ** *** bond is ***** Calculate ******* ***** ** *** bond 7625/12115 * ******** ****** **** par value ** *** **** ** $1000 Assume annual coupon ******** ********* YTM ** *** **** ***** *** last ***** (listed ** Last Trade ****** ****** *** ****** ** ***** ** *** ***** number) **** your work YTM = ******* ******* * ***** value * **************** value * Price)/n) = (7625 * **** * **************** + ************ ***** or 9199% 7 ******** *** ***** *********** for YTM and current ************ *** *** **** ** *** same disadvantages ** ***** the rate of return ** **** ********** the coupon payments ** *** interest rates ***** ********* ****** **** time *** ******* yield **** ******** *** ******* ***** of *** bond *** ** inaccurate ******* *** ****** *** ********** changing ******* ** ****** ***************** How would *** ********* ****** *** yield on newly ****** bond? Please ******* **** ******** *** bonds *** *************** *** able to be ******** by *** ****** ****** ******** which ***** the investor ***** **** *** ******** ******** after *** ***** ** redemption b) *** bonds are ************ ** the ******** **** ******************* ***** *** ***** **** ** *** **** a **** ***** ** *** *********** assets or ******** **** the **** ** ********* ** ** the company ******** on *** **** unsubordinated ***** would ** paid ***** ** *** ************ ***** ****** ************ ***** * **** ***** investment c) *** **** ****** ** ****** or ***** **** *** ********* *** **** *** ********************** ** nasdaqcom * ********* *** rating is *** ****** highest ****** given for ********* corporate *********** * **** with this ****** ***** ** ********** * high ******* investment **** very *** **** ********* * ****** ***** *** *** rating ***** would say that the **** *** a ***** **** *** **** lower ****** * rating ***** **** *** **** ***** increase *** **** *** **** ******** *** return References Aa3 (nd) ********* ** 23 **** **** from **********************************************
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Bond Analysis.docx
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