Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bonds something most people don't purchase much anymore. During WWII and before, American citizens were large consumers of government bonds, but today, very few invest

Bonds something most people don't purchase much anymore. During WWII and before, American citizens were large consumers of government bonds, but today, very few invest in them. They are a little more complicated that stocks and mutual funds considering the time value of money concepts involved in the annuity recurring payment and then lump sum value of the initial par value.

For this, week, look up a bond issued by either a public company or a government entity in Moody's or Standard and Poor's. for example, you can look up Indiana Bonds and see the bonds issued for projects at Indiana University or for highway projects such as I-69. Its interesting to see how these bonds are rated, and how they are sold to the public...the terms and conditions etc. Disney became famous several years ago for issuing a 99 year bond! People buying the bond will never see it reach maturity!

So for this week, look up something and share with the class something you learned about bonds!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Night Audit Shenanigans With Winston No Longer Working At The Hotel Luna Is Dealing Without Days Off

Authors: Kentucky Elayne NightHawk

1st Edition

B0BYLVMSV7, 979-8361945702

More Books

Students also viewed these Accounting questions