Question
Go to the FINRA (Financial Industry Regulatory Authority) site to determine if Microsoft has issued any bonds: Click Search. Enter the Microsoft name or ticker
Go to the FINRA (Financial Industry Regulatory Authority) site to determine if Microsoft has issued any bonds: Click Search. Enter the Microsoft name or ticker symbol.
1. What is the maturity date of the bond that will become due soonest (shortest maturity date bond) issued by Your Corporation?
2. What is the longest maturity date bond?
3. What is the price of the longest maturity bond? (important hint: when viewing bond prices, you need to multiply the price that is quoted by 10 to get the actual price; I know it's confusing, but that is just part of the bond culture terminology)
4. What is the credit rating for Your Corporation's bonds?
5. What does the credit rating tell you about Your Corporation's ability to repay its bond debt?
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