Question
(7 pts) Using the FINRA Bond Center search engine, retrieve the bond details for the Penney J C Corp Inc 100-year bond issued in 1997.
(7 pts) Using the FINRA Bond Center search engine, retrieve the bond details for the Penney J C Corp Inc 100-year bond issued in 1997. Please answer the following questions about this bond: ( PLEASE PROVIDE ANSWERS FROM PART (a-i) )
a. CUSIP number:
b. maturity date:
c. coupon rate:
f. Moodys rating:
g. Standard & Poors rating:
h. TRACE grade:
i. Based on the ratings and the most recent price/yield, what is the market telling us about their confidence in the future of J C Penney?:
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
