Company (ticker) General Mills (GIS) Coupon 6 Maturity 15-Feb-15 Last Price Last Yield Est Spread UST 109.305 5.49% 60 10 Est $ Vol (000's) 45,040 You open your Wall Street Journal (WSJ) on the morning of February 15, 2008, and see the following bond quote for General Mills, Incorporated. Based on this WSJ information, answer the following questions. 1. What is the yield-to-maturity for this General Mills corporate bond? Coupon Rate N 1% PV PMT FV YTM 1b. If your required rate of return for a bond of this risk-class is 4.7 percent, what value do you place on this General Mills, Inc. bond? At a required rate of return of 4.7 percent, are you interested in purchasing this bond? N 1% PV PMT FV 1c. If you purchased this General Mills bond for $1,093.05 yesterday and the market rate of interest for this bond became 4.5 percent today, do you have a gain or loss? How much is that gain or loss in dollars? N 1% PV PMT FV