Question
Alphabets 2024 corporate bond was listed at 106.567% on October 2nd 2019. The table below details key data regarding this bond. US02079KAB35 ALPHABET 2024 KEY
Alphabets 2024 corporate bond was listed at 106.567% on October 2nd 2019. The table below details key data regarding this bond. US02079KAB35 ALPHABET 2024 KEY DATA COUPON IN % 3.3750% YIELD 1.86% ACCRUED INTEREST 0.3281 CURRENCY USD BOND DATA NAME ALPHABET 2024 COUNTRY USA ISSUER ALPHABET INC. ISSUE PRICE 99.98 USD ISSUE DATE 2/25/2014 COUPON 3.375% DENOMINATION 1000 MATURITY DATE 2/25/2024 COUPON PAYMENT DATE 2/25/2020 NO. OF PAYMENTS PER YEAR 2 COUPON START DATE 8/25/2014 FINAL COUPON DATE 2/25/2024 FLOATER? NO MOODYS RATING AA2 DATE OF RATING 2/12/2016 Required: Clearly explain the terms and figures in the above table. How would investors use this information to help them decide whether to invest in Alphabet or not, both at the time of issue and on October 2nd 2019? What other information might be helpful to investors when deciding whether or not to invest in Alphabets corporate bonds? and Explain what is meant by corporate governance. In September 2019, WeWork announced that it was delaying its IPO for the foreseeable future. This followed concerns from investors, particularly in relation to corporate governance. Discuss the reasons for the investor concerns, and link your discussion back to your understanding of corporate governance. Is there anything WeWork have done or should do to alleviate these concerns?
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