e Morningstars FNRA bond screener to do these problems. For each problem, go to the website and enter the bonds symbol to find its details.

Check out bond BNPQF3688174 from the Royal Bank for Scotland and bond DB4326500 from Deutsche Bank.

They have similar Yields, but different prices and coupon rates.

For each bond, follow the methodology that we used in class (or follow the procedure

outlined in the text), and tell me the following:

1. What is the YTM of each bond?

2. Explain why the yields are similar but the prices and coupon rates are so different.

3. What would the Yield be at prices of $95.00, $100, $105?

Nissan Motor Corp has a bond with ID NSAN4401520

What is the YTM?

What is the YTC?

Note: for each bond, make sure that you calculations include adjustments for accrued interest.