1. 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.
2. Assume that par value of the bond is $1,000. What was the last price of the bond in $$$ (listed in "Last" trade price)?
3. Assume that par value of the bond is $1,000. Calculate annual coupon interest payments.
4. Assume that par value of the bond is $1,000. Calculate current yield of the bond using Excel or a financial calculator.
5. 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.