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Assume that they all have a face value of $1,000, which bond is the best to invest and why? Bond #1 Bond #2 Bond #3
Assume that they all have a face value of $1,000, which bond is the best to invest and why?
| Bond #1 | Bond #2 | Bond #3 | Bond #4 | Bond #5 | |
| Last Price | $1255.12 | $1001.10 | $801.00 | $1391.66 | $701.01 |
| Maturity | 10/2029 | 05/2048 | 01/2035 | 08/2032 | 01/2026 |
| Coupon Rate | 3.75% | 4.00% | 0% | 6.75% | 7.00% |
| Analyst Rating | AAA | AAA | AA | BBB | CCC |
| Industry | Pharmaceutical | Travel/Tourism | Zero Coupon Muni | Automobile | Brick & Mortar Retail |
| Pay Dates | Apr & Oct | May & Nov | Jan & Jul | Feb & Aug | Jan & Jul |
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
8th Edition
0618471421, 9780618471423
