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1) What is the current bond yield (YTM) of the Apple's bond ? Is the current YTM lower or higher than its coupon rate? 2)
1) What is the current bond yield (YTM) of the Apple's bond ? Is the current YTM lower or higher than its coupon rate?
2) Is this a premium bond or a discount bond? Explain why.
3) Is this a secured or unsecured bond? Explain why.
4) What is the original maturity (in years) of this bond?
5)Assume that its par value is $1,000, what is $ each coupon payment?(Hint: check if this is a semi-annual or annual coupon bond)
6) What is the S&P rating of this bond? Is this bond an investment grade or a speculative grade?
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