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Analyzing Debt Terms, Yields, Prices, and Credit Ratings Reproduced below is the debt footnote from the 2013 10-K report of Dell Inc. Long-Term Debt (in

Analyzing Debt Terms, Yields, Prices, and Credit Ratings Reproduced below is the debt footnote from the 2013 10-K report of Dell Inc.

Long-Term Debt (in millions) February 1, 2013 February 3, 2012
Senior Notes
$400 million issued on June 10, 2009, at 3.375% due June 2012 (2012 Notes) $ $ 400
$600 million issued on April 17, 2008, at 4.70% due April 2013 (2013A Notes) 601 605
$500 million issued on September 7, 2010, at 1.40% due September 2013 500 499
$500 million issued on April 1, 2009, at 5.625% due April 2014(b) 500 500
$300 million issued on March 28, 2011, with a floating rate due April 2014 (2014B Notes) 300 300
$400 million issued on March 28, 2011, at 2.10% due April 2014 400 400
$700 million issued on September 7, 2010, at 2.30% due September 2015(b) 702 701
$400 million issued on March 28, 2011, at 3.10% due April 2016(b) 402 401
$500 million issued on April 17, 2008, at 5.65% due April 2018(b) 502 501
$600 million issued on June 10, 2009, at 5.875% due June 2019(b) 604 602
$400 million issued on March 28, 2011, at 4.625% due April 2021 398 398
$400 million issued on April 17, 2008, at 6.50% due April 2038 400 400
$300 million issued on September 7, 2010, at 5.40% due September 2040 300 300
Senior Debentures
$300 million issued on April 3, 1998, at 7.10% due April 2028 (Senior Debentures)(a) 379 384
Other
Long-term structured financing debt 872 920
Less: current portion of long-term debt (1,618) (924)
Total long-term debt 5,242* 6,387
Short-Term Debt
Commercial paper 1,807 1,500
Short-term structured financing debt 416 440
Current portion of long-term debt 1,618 924
Other 2 3
Total short-term debt 3,843 2,867
Total debt $ 9,085 $ 9,254

*Reflects carrying value (net book value) of debt. Aggregate future maturities of long-term debt at face value were as follows at February 1, 2013:

Maturities by Fiscal Year
(in millions) 2014 2015 2016 2017 2018 Thereafter Total
Aggregate future maturities
of long-term debt outstanding $ 1,617 $ 1,465 $ 790 $ 400 $ -- $ 2,500 $ 6,722**

**Reflects face value of debt. Reproduced below is a summary of the market values as of November 2013 of the Dell bonds maturing from 2021 to 2040 (from Morningstar, quicktake.morningstar.com).

Name Maturity Date Amount $ Price Coupon % Yield to Maturity %
Dell 5.4% 9/10/2040 300 69.50 5.4 8.24
Dell 6.5% 4/15/2038 400 77.30 6.5 8.77
Dell 4.625% 4/1/2021 400 91.50 4.625 6.07

(a) What is the amount of long-term debt reported on Dell's February 1, 2013 balance sheet? $_________ million What are the scheduled maturities for this indebtedness?

2014 $______ million
2015 $______ million
2016 $______ million
2017 $ ______ million
2018 $______ million
thereafter $______ million

Dells $300 million 5.4% notes traded at 69.5 or 69.5% of par, as of November 2013. What is the market value of these notes on that date? (Round your answer to one decimal place.)

$_______ million

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