In your initial responseyou should answer the main question: If you are an investor who is looking for acorporatebond to invest to, are you going to buy a bond that you chose? To answer this question you should complete three steps:

1). Copy the bond's quotation from the website.

2). Describe the main elements of the bond:

• Coupon rate
• Calculate annual coupon payment (assuming face value $1,000)
• What is the frequency of coupon payments of the bond? If the frequency is greater than 1, how much is payment is going to be?
• Maturity,
• Rating. Explain the meaning of rating.
• The last price listed in quotation
• How much the investor would pay for the bond assuming $1,000 face value and using the last price listed in quotation?
• Calculate thecurrentyield of the bond assuming that par value of the bond is $1,000
• How much is the YTM listed in quotations is for the bond? Explain the meaning of YTM.
• Is the bond callable or not? If the bond that you chose is callable (non-callable), will it change your decision to buy it?

3) Take a look at the balance sheet and income statement of the company. Whatdataor ratiossupport your decision to buy this bond or not? You shoulddevelop a specific recommendation, with supporting rationaleto explain your answer.

Reflection - the students also should include a paragraphin the initial responsein their own words reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace.

In your responses to other studentsyou should answer the question: Would you prefer to buy the bond issued by the company chosen by another student? You shoulddevelop a specific recommendation, with supporting rationaleto explain your answer.