Using the Internet to Obtain Investment Information. Use the Financial Industry Regulatory Authority (FINRA) bond site to

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Using the Internet to Obtain Investment Information. Use the Financial Industry Regulatory Authority (FINRA) bond site to answer the following questions about a corporate bond. To complete this activity, follow these steps.

a. Go to http://finra-markets.morningstar.com/BondCenter/

b. Enter the name of a corporation in the search box to see if they have issued bonds and click on show results tab.

c. If the corporation has issued corporate bonds, they will be listed.

Click on one bond to obtain the more detailed information needed to complete this exercise.

d. What is the current price for this bond?

e. What is the current yield for this bond issue. What does the current yield calculation measure?

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

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

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Personal Finance

ISBN: 9781260799736

13th Edition

Authors: Jack Kapoor

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