Refer to the financial statements and related notes of the Coca-Cola Company in Appendix A of this book.

Required
1. What was the difference between the interest expense and interest paid in 2004?
2. How much long-term debt will mature in 2005?
3. Assuming no long-term debt was issued or retired during 2004, which U.S. dollar notes were issued at par? At a premium? At a discount?
4. Was the current yield at December 31, 2004 on the company’s long-term debt the same as, greater, or less than the average yield at issuance? At December 31, 2003?