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Copy the quotation of one bond. Present these quotations in your posting. Describe the information that you received from the quote of the bond. You

  1. Copy the quotation of one bond. Present these quotations in your posting.
  2. Describe the information that you received from the quote of the bond. You have to explain each number and symbol that appears in the bond quotation.
  3. Assume that par value of the bond is $1,000. What was the last price of the bond in $$$ (listed in "Last" trade price)?
  4. Assume that par value of the bond is $1,000. Calculate annual coupon interest payments.
  5. Assume that par value of the bond is $1,000. Calculate current yield of the bond using Excel or a financial calculator.
  6. How would ONE of the following affect the yield on newly issued bond? Please explain your answer.

a) The bonds are callable.

b) The bonds are subordinated to the existing bond issue.

c) The bond rating is better or worse than the Moody's Aa3 that the company anticipates.

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Bond Results Ratings Last Sale Issuer Name Callable Sub-Product Type Moody's S&P Price Symbol Coupon Maturity Yield Corporate Bond 08/01/2047 FORD FNDTN FRDQ4467951 3.859 119.587 2.824 Corporate Bond FORD HLDGS INC F.GC 9.375 03/01/2020 102.490 3.961 FORD HLDGS INC Corporate Bond F.GD 9.300 03/01/2030 3 BBB 123.187 6.249 FORD MTR CO Corporate Bond F.GI 9.950 02/15/2032 BBB 141.932 5.305 DEL F.GJ Corporate Bond FORD MTR Co 8.875 01/15/2022 3 112.129 3.442 DEL 08/15/2043 3 FORD MTR CO F.GL Corporate Bond 7.750 BBB 120.310 6.116 DEL FORD MTR CO Corporate Bond 3 126.004 F.GT 8.900 01/15/2032 5.902 DEL FORD MTR Co F.GU Corporate Bond 9.980 02/15/2047 BBB 144.100 6.510 DEL Corporate Bond FORD MTR Co F.GS 9.215 09/15/2021 Baa3 BBB 111.106 3.451 DEL 4.08 Corporate Bond FORD MTR Co F.GM 7.125 11/15/2025 116.469 DEL 4.250 FORD MTR Co F.GSF Yes Corporate Bond 12/15/2038 3 BBB 90.000 DEL Corporate Bond FORD MTR Co F.GN 7.500 08/01/2028 BBB 117.825 4.464 DEL 6.75 Corporate Bond 7.400 3 FORD MTR Co F.GP 11/01/2046 108.018 DEL Corporate Bond 114.300 FORD MTR Co F.GQ No 7.700 05/15/2097 3 6.731 DEL F3951238 Corporate Bond 4.750 5.006 FORD MTR Co 01/15/2043 Baa3 BBB 85.450 DEL F4433681 Corporate Bond FORD MTR Co Yes 4.346 12/08/2028 100.262 4.302 DEL FORD MTR Co F4433682 Yes Corporate Bond 5.291 12/08/2046 3 91.955 5.887 DEL F.GR 3 FORD MTR Co Corporate Bond 6.825 02/15/2028 BBB 111.807 4.897 DEL Corporate Bond FORD MTR CO F.GW 6.825 10/01/2028 3 109.298 5.317 DEL F.GX Corporate Bond 6.375 FORD MTR Co 02/01/2029 3 106.612 5.464 DEL

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