Select a bond from listings that appear daily in The Wall Street Journal, and summarize the information related to the bond you select. Include the following information in your summary:
1. Contract rate of interest 2. Year when the bond matures 3. Current yield (effective rate of interest)
4. Closing price of bond (indicate date)
5. Other information noted about the bond, such as whether it is a zero-coupon bond (see the Explanatory Notes to the listings)
In groups of three or four, share the information you developed about the bond you selected. As a group, select one bond to invest \(\$ 100,000\) in and prepare a justification for your choice for presentation to the class. For example, your justification should include a consideration of risk and return.objs. 2, 3