$1.$ Use Table $1,$ analyze the relative credit worthiness of Disney and its peers. Your discussions should cover the following:

a$.$ How to evaluate a company$$s credit worthiness?

b$.$ Analyse the relative credit worthiness of Disney and its peers based on:

$-$ Debt$-$to$-$Assets measure

$-$ Coverage Ratio measure

$-$ Debt$-$to$-$EBIDTA measure

$2.$ Consider a Disney bond that matures in $13$ years, pays $7\mathrm{.}0\%$ coupon semi$-$annually, with a current price quote of $148\mathrm{.}026\%.$

a$.$ Calculate the yield$-$to$-$maturity on the Disney bond using bond quote approach.

b$.$ Explain the difference between your result in Question $2$a and the yield on the bond $($yield is $2\mathrm{.}670022\%).$

$3.$ Use your analysis of the relative credit worthiness of Disney in Question $1,$ the information from Box $2$ of Fixed Income Analysis and Valuation for Disney, and Fitch Rating to answer the following:

a$.$ Present a Table and a Figure showing credit ratings of Disney and its peers $($Charter$,$ Comcast, Discovery, and Lions Gates$)$ from $2019$ to $2024.$

b$.$ Justify differences and changes in credit ratings of Disney relative to its peers to explain why or why not you would like to invest in the Disney bond.