4 CARAC 5 6 You may show your calculations on an Excel spreadsheet and answer the non-computational parts of questions on a Word document. Alternatively, you can put the written responses in a text box in Excel. A 1) (5 points) Based on the above information, what is the bond's annualized yield to maturity as of : 2/2/16? Show your calculations on an attached Excel spreadsheet. 2) (10 points) Evaluate the financial condition of US Steel as of the beginning of 2016 from the information in the table. Note that the metrics for calendar years 2016 and 2017 are projected. Review the financial analysis in Chapter 2 and the credit rating descriptions in Chapter 6. Identify-the weaknesses that support the current B credit rating by Standard & Poor's. Note: Free cash flow is defined as Cash Flow from Operating Activities (the top third of the Statement of Cash Flows) less capital expenditures. It measures the cash flow available to return to the company's investors, both bondholders and stockholders. Debt/EBITDA meas