Question
Bond for Tenet Healthcare Corp, NYSE: THC Bond 1. http://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?ticker=C135561&symbol=THC.GU Coupon Rate 6.875 % Maturity Date 11/15/2031 Next Call Date Callable Yes Last Trade Price
Bond for Tenet Healthcare Corp, NYSE: THC
Bond 1. http://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?ticker=C135561&symbol=THC.GU
Coupon Rate 6.875 % Maturity Date 11/15/2031
Next Call Date Callable Yes
Last Trade Price $99.12 Last Trade Yield 6.988% Last Trade Date 10/02/2020 US Treasury Yield
Bond 2. http://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?ticker=C599695&symbol=THC4051363
Coupon Rate 4.500 %
Maturity Date 04/01/2021
Next Call Date Callable Yes
Last Trade Price $103.38 Last Trade Yield 2.282% Last Trade Date 09/06/2019 US Treasury Yield
1.Assume that par value of each bond is $1,000. What were the last prices of the bonds in $$
$ (listed in the Price column)?
Show your work.
Bond 1.
Bond 2.
2.Assume that par value of each bond is $1,000. Calculate the annual coupon interest
payments.
Show your work.
Bond 1.
Bond 2.
3.Assume that par value of each bond is $1,000. Calculate the current yield of the bonds.
Show your work in your project.
Bond 1.
Bond 2.
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