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Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected relative to the

Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected relative to the 5%. Is the bond selling at a premium or a discount? Why? Be sure to show how you arrived at your answer. What other factors may influence the value of a bond? ISSUER NAME

Public SVC CO COLO

SYMBOLE

XEL3671407

Callable

Yes

Sub product type

Corporate Bond

Coupon

6.250

Maturity

09/01/2037

Rating moody

A1

Rating S&P

A

Last sale price

130.763

Last sale yield

4.024

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