10. Using the Internet. Use the information at the bond site on Yahoo! Finance to answer the following questions about a corporate bond. To complete this activity, follow these steps. (Obj. 5)

a. Go to http://finance.yahoo.com/bonds and click on Bond Screener.

b. Click on Corporate and enter the information requested in the section “Select Bond Criteria.” Then click Find Bonds.

c. Choose one of the issues listed.

d. Using the information on the Yahoo! bond Web site, determine the current yield for this bond issue. What does the current yield calculation measure?

e. Using the information on the Yahoo! bond Web site, what is the yield to maturity for this bond issue? What does the yield to maturity calculation measure?

f. What is the rating for this bond? What does this rating mean?

g. Based on your answer to the above questions, would you choose this bond for your investment portfolio? Explain your answer.