C. Using the offering price found in step 3 and assuming the FV = 100 what is the YTM of your bond on offering (This means compute the YTM as if today was the offering date, show all work).

D. Compute the using the information found in step 3, compute the current YTM.

Last Updated: 10/14/2020 Bond Detail Lookup Symbol: NKE3998567 GO NIKE INC + ADD TO WATCHLIST Coupon Rate 2.250% Maturity Date 05/01/2023 Symbol NKE3998567 CUSIP 654106AC7 Next Call Date Callable 02/01/2023 Yes Last Trade Price $104.68 Trade History Last Trade Yield .201% US Treasury Yield Last Trade Date 10/14/2020 Prospectus Price/Yield Chart Classification Elements Price Chart Yield Chart Bond Type 10/14/2020 Zoom: 5D 1M 3M YTD 1Y 3Y 5Y 10Y Max 10/14/2015 - Price US Corporate Debentures Senior Unsecured Note Industrial Manufacturing CORP Debt Type Industry Group Industry Sub Group Sub-Product Asset Sub-Product Asset Type State Price $ 105.00 Corporate Bond 102.00 Use of Proceeds Security Code 99.00 Special Characteristics Medium Term Note N 96.00 Issue Elements 93.00 2016 2017 2018 2019 2020 Offering Date Dated Date First Coupon Date Original Offering* 04/23/2013 04/26/2013 11/01/2013 $500,000.00 102.00 Use of Proceeds Security Code Wom 99.00 Special Characteristics Medium Term Note N 96.00 Issue Elements 93.00 2016 2017 2018 2019 2020 Credit and Rating Elements A1 (03/25/2020) AA- (11/06/2013) Investment Grade Moody's Rating Standard & Poor's Rating TRACE Grade Default Bankruptcy Insurance Mortgage Insurer Pre-Refunded/Escrowed Additional Description Offering Date 04/23/2013 Dated Date 04/26/2013 First Coupon Date 11/01/2013 Original Offering* $500,000.00 Amount Outstanding* $500,000.00 Series Issue Description Project Name Payment Frequency Semi-Annual Day Count 30/360 Form Book Entry Depository/Registration DTC, Clearstream, Euroclear Security Level Senior Collateral Pledge Capital Purpose *dollar amount in thousands N Senior Unsecured Note Put & Redemption Provisions Call Date Call Price Call Frequency Continuously 02/01/2023 $100.00 Bond Elements Put Date Put Price Put Frequency 500,000.00 500,000.00 Original Maturity Size* Amount Outstanding Size* Yield at Offering Price at Offering Coupon Type Escrow Type 2.27% $99.83 Fixed MERGENT Wednesday, October 14, 2020 10:23:10 PM | Go Back One Page M BOND VIEWER i by FTSE Russell Search Results Issue Details NIKE INC GLOBAL NT (US Corporate Debentures) Synopsis Ratings Covenants Coupon Info Conv/Exch Unit Deal Additional Details Corporate Actions Portrait Info CUSIP: 654106AC7 Coupon: 2.25000% (Fixed Listing/Fixed) Maturity:05/01/2023 Offering Date: 04/23/2013 Active: Yes Issue Details $500,000 Issuer Details NIKE INCORPORATED ONE BOWERMAN DRIVE BEAVERTON, OR 970056453 United States of America Phone : 503-671-6453 Domicile : United States of America Primary NAICS : 316210 -Footwear Manufacturing In Bankruptcy :NO Issue Description: Security Level: Industry Group : Industry Code : Treasury Spread: Treasury Maturity: Offering Amount: (in $000's) Principal Amount: Denomination : GLOBAL NT Senior Industrial Manufacturing 58 912828UNS Current Amount Outstanding (in $000's) : Interest Accrual Date : Interest Accrual Basis : First Interest Date : Last Interest Date: Interest Frequency: Pay-in-Kind : 04/26/2013 30/360 11/01/2013 11/01/2022 Semi-Annual NO $500,000 $1,000 2/1 Parent Details NIKE INCORPORATED ONE BOWERMAN DRIVE BEAVERTON, OR 970056453 United States of America Phone : 503-671-6453 Rating Status Current Ratings Rating Type Fitch Rating Moody's Rating Standard and Poor's Rating Rating Date 04/23/2013 03/25/2020 11/06/2013 Rating NR A1 AA- Rating Reason Initial Affirmed Upgrade Not On Watch Notes THE MAKE WHOLE PREMIUM IS BASED ON A COMPARABLE TREASURY ISSUE + 10 BASIS POINTS Copyright 2005-2017 Mergent Privacy Policy Service Level Feedback Last Updated: 10/14/2020 Bond Detail Lookup Symbol: NKE3998567 GO NIKE INC + ADD TO WATCHLIST Coupon Rate 2.250% Maturity Date 05/01/2023 Symbol NKE3998567 CUSIP 654106AC7 Next Call Date Callable 02/01/2023 Yes Last Trade Price $104.68 Trade History Last Trade Yield .201% US Treasury Yield Last Trade Date 10/14/2020 Prospectus Price/Yield Chart Classification Elements Price Chart Yield Chart Bond Type 10/14/2020 Zoom: 5D 1M 3M YTD 1Y 3Y 5Y 10Y Max 10/14/2015 - Price US Corporate Debentures Senior Unsecured Note Industrial Manufacturing CORP Debt Type Industry Group Industry Sub Group Sub-Product Asset Sub-Product Asset Type State Price $ 105.00 Corporate Bond 102.00 Use of Proceeds Security Code 99.00 Special Characteristics Medium Term Note N 96.00 Issue Elements 93.00 2016 2017 2018 2019 2020 Offering Date Dated Date First Coupon Date Original Offering* 04/23/2013 04/26/2013 11/01/2013 $500,000.00 102.00 Use of Proceeds Security Code Wom 99.00 Special Characteristics Medium Term Note N 96.00 Issue Elements 93.00 2016 2017 2018 2019 2020 Credit and Rating Elements A1 (03/25/2020) AA- (11/06/2013) Investment Grade Moody's Rating Standard & Poor's Rating TRACE Grade Default Bankruptcy Insurance Mortgage Insurer Pre-Refunded/Escrowed Additional Description Offering Date 04/23/2013 Dated Date 04/26/2013 First Coupon Date 11/01/2013 Original Offering* $500,000.00 Amount Outstanding* $500,000.00 Series Issue Description Project Name Payment Frequency Semi-Annual Day Count 30/360 Form Book Entry Depository/Registration DTC, Clearstream, Euroclear Security Level Senior Collateral Pledge Capital Purpose *dollar amount in thousands N Senior Unsecured Note Put & Redemption Provisions Call Date Call Price Call Frequency Continuously 02/01/2023 $100.00 Bond Elements Put Date Put Price Put Frequency 500,000.00 500,000.00 Original Maturity Size* Amount Outstanding Size* Yield at Offering Price at Offering Coupon Type Escrow Type 2.27% $99.83 Fixed MERGENT Wednesday, October 14, 2020 10:23:10 PM | Go Back One Page M BOND VIEWER i by FTSE Russell Search Results Issue Details NIKE INC GLOBAL NT (US Corporate Debentures) Synopsis Ratings Covenants Coupon Info Conv/Exch Unit Deal Additional Details Corporate Actions Portrait Info CUSIP: 654106AC7 Coupon: 2.25000% (Fixed Listing/Fixed) Maturity:05/01/2023 Offering Date: 04/23/2013 Active: Yes Issue Details $500,000 Issuer Details NIKE INCORPORATED ONE BOWERMAN DRIVE BEAVERTON, OR 970056453 United States of America Phone : 503-671-6453 Domicile : United States of America Primary NAICS : 316210 -Footwear Manufacturing In Bankruptcy :NO Issue Description: Security Level: Industry Group : Industry Code : Treasury Spread: Treasury Maturity: Offering Amount: (in $000's) Principal Amount: Denomination : GLOBAL NT Senior Industrial Manufacturing 58 912828UNS Current Amount Outstanding (in $000's) : Interest Accrual Date : Interest Accrual Basis : First Interest Date : Last Interest Date: Interest Frequency: Pay-in-Kind : 04/26/2013 30/360 11/01/2013 11/01/2022 Semi-Annual NO $500,000 $1,000 2/1 Parent Details NIKE INCORPORATED ONE BOWERMAN DRIVE BEAVERTON, OR 970056453 United States of America Phone : 503-671-6453 Rating Status Current Ratings Rating Type Fitch Rating Moody's Rating Standard and Poor's Rating Rating Date 04/23/2013 03/25/2020 11/06/2013 Rating NR A1 AA- Rating Reason Initial Affirmed Upgrade Not On Watch Notes THE MAKE WHOLE PREMIUM IS BASED ON A COMPARABLE TREASURY ISSUE + 10 BASIS POINTS Copyright 2005-2017 Mergent Privacy Policy Service Level Feedback