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(3'*4=12') In 2024 Cigna issued international bonds with a 3.4% coupon rate for USD 1,500 millions maturing in 2030. Bonds were sold at a
(3'*4=12') In 2024 Cigna issued international bonds with a 3.4% coupon rate for USD 1,500 millions maturing in 2030. Bonds were sold at a price of 99.832% (or 998.32 dollars). Bookrunners are Bank of America Merrill Lynch, Goldman Sachs, Morgan Stanley, etc.. The yield to maturity in 2024 Was Blank 1%. Suppose the 10-year treasury bond yield is 2.01%, the corporate bond yield spread would be Blank 2%, which is mainly contributed by Blank 3 premium (choose from inflation/default risk/liquidity/maturity risk). If the interest rate now is 4.5%, the price you are willing to pay for this bond in 2024 is $Blank 4. Blank 1 Add your answer Blank 2 Add your answer Blank 3 Add your answer Blank 4 Add your answer
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