Need help in doing a financial bond valuation analysis can you please show me how to do it step-by-step with the calculations Need to analyze
Need help in doing a financial bond valuation analysis can you please show me how to do it step-by-step with the calculations
Need to analyze 8 outstanding bonds. By calculating credit spread of this bond by comparing the yield-to-maturity on this bond with the yield on Treasury bonds of comparable duration all info is on Investing website in historical data and Yahoo Finance in the U.S. treasury yield. With the estimation of the bonds price one year from now by keeping the assumption it will remain consistent. Also need an explanation for the reason behind the expected price change from the current price of the bond. Then provide a credit rating for the firms bonds, based on your analysis of the company bond and explain why you have given this rating Step-By-Step including the calculation.
Additional info from findings down Below:
Recent Historical Bond Data: Pfizer Inc PFE 7.2% 15-Mar-2039 (717081CY7=) 136.314 +0.563 +0.42%
Date | Price | Open | High | Low | Change % |
May 22 | 136.314 | 134.069 | 134.069 | 134.069 | 0.69% |
Apr 22 | 135.387 | 146.867 | 146.867 | 146.867 | -7.64% |
Mar 22 | 146.590 | 149.740 | 149.740 | 149.740 | -1.78% |
Feb 22 | 149.254 | 153.402 | 153.402 | 153.402 | -2.74% |
Jan 22 | 153.456 | 158.751 | 158.751 | 158.751 | -4.58% |
Dec 21 | 160.829 | 162.352 | 162.352 | 162.352 | 0.44% |
Nov 21 | 160.118 | 160.475 | 160.475 | 160.475 | -0.28% |
Oct 21 | 160.567 | 161.667 | 161.667 | 161.667 | -0.51% |
Sep 21 | 161.384 | 163.788 | 163.788 | 163.788 | -1.09% |
Aug 21 | 163.161 | 165.930 | 165.930 | 165.930 | -1.32% |
Jul 21 | 165.346 | 163.390 | 163.390 | 163.390 | 1.62% |
Jun 21 | 162.702 | 157.767 | 157.767 | 157.767 | 3.03% |
May 21 | 157.911 | 158.961 | 158.961 | 158.961 | 0.14% |
Apr 21 | 157.684 | 156.904 | 156.904 | 156.904 | 1.44% |
Mar 21 | 155.440 | 160.264 | 160.264 | 160.264 | -3.61% |
Feb 21 | 161.264 | 165.156 | 165.156 | 165.156 | -2.55% |
Jan 21 | 165.488 | 171.374 | 171.374 | 171.374 | -3.54% |
Dec 20 | 171.556 | 170.824 | 170.824 | 170.824 | -0.31% |
Nov 20 | 172.097 | 164.438 | 164.438 | 164.438 | 4.33% |
Oct 20 | 164.958 | 166.521 | 166.521 | 166.521 | -0.93% |
Sep 20 | 166.501 | 167.610 | 167.610 | 167.610 | -0.14% |
Aug 20 | 166.730 | 174.049 | 174.049 | 174.049 | -5.44% |
Jul 20 | 176.317 | 166.167 | 166.485 | 165.823 | 5.93% |
Highest: 174.049 | Lowest: 134.069 | Difference: 39.980 | Average: 159.611 | Change %: -18.099 |
Bonds Bond Results +Issuer Name PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC Callable Sub-Product Type Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Symbol PFE4989484 Yes PFE4989485 Yes Yes PFE4989487 PFE4989488 Yes Yes PFE5241578 PFE4125871 PFE4297188 PFE4297190 PFE4369660 PFE4369662 PFE4426176 PFE4426183 PFE4685498 PFE4805580 Ratings Moody's S&P A2 A+ A+ A+ A+ A+ NR NR 0.800 05/28/2025 1.700 05/28/2030 A2 2.550 05/28/2040 A2 2.700 05/28/2050 A2 1.750 08/18/2031 A2 2.100 05/15/2019 WR 5.200 08/12/2020 WR 5.800 08/12/2023 WR 1.450 06/03/2019 WR 1.950 06/03/2021 WR 1.700 12/15/2019 WR 2.200 12/15/2021 WR 3.000 09/15/2021 WR 2.800 03/11/2022 WR NR NR NR AA- NR NR NR Previous 1 22 Coupon Maturity Last Sale Price Yield 94.428 2.753 87.233 3.549 82.916 3.878 80.980 86.080 3.811 3.533 99.999 2.506 100.013 0.507 0.792 113.418 3.675 99.987 100.884 0.238 99.996 2.162 100.005 0.396 100.008 0.118 99.992 3.709 of 2 GO Bonds Bond Results Issuer Name PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC Callable Sub-Product Type Symbol PFE.GM Yes Corporate Bond PFE4013012 Yes Corporate Bond PFE4013018 Yes PFE4125872 Yes PFE4125867 Yes PFE4297191 Yes PFE4369661 Yes PFE4426182 Yes PFE4426177 Yes Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond PFE4426178 Yes PFE4685496 PFE4685495 Yes PFE4685497 Yes PFE4685494 Yes PFE4685493 Yes PFE4805581 Yes PFE4805582 Yes PFE4805669 Yes PFE4805670 Yes Corporate Bond Corporate Bond Corporate Bond Corporate Bond PFE4971095 Yes Ratings Moody's S&P Coupon Maturity 03/15/2039 A2 A+ 7.200 3.000 06/15/2023 A2 A+ A+ A+ A+ A+ 4.300 06/15/2043 A2 3.400 05/15/2024 A2 4.400 05/15/2044 A2 5.600 09/15/2040 A2 2.750 06/03/2026 A2 3.000 12/15/2026 A2 4.000 12/15/2036 A2 4.125 12/15/2046 A2 1.156 09/15/2023 A2 A+ A+ A+ A+ A+ A+ A2 A+ 3.200 09/15/2023 A2 3.600 09/15/2028 4.100 09/15/2038 4.200 09/15/2048 A+ A+ 2.950 03/15/2024 A+ A+ 3.450 03/15/2029 03/15/2039 3.900 A2 A+ 4.000 03/15/2049 A2 A+ 2.625 04/01/2030 A2 A+ 1 2 Next 1 2 2 2 2 2 A2 A2 A2 A2 Last Sale Price Yield 137.481 4.091 100.533 2.477 102.058 4.152 101.776 2.464 103.534 4.153 117.876 4.190 98.695 3.099 99.646 3.084 101.713 3.845 100.121 4.117 100.163 101.340 2.068 102.097 3.215 101.392 3.980 101.657 4.095 100.885 2.417 3.575 99.250 98.637 4.012 99.539 4.028 3.539 93.794 of 2 GO Bonds Bond Results +Issuer Name PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC Callable Sub-Product Type Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Symbol PFE4989484 Yes PFE4989485 Yes Yes PFE4989487 PFE4989488 Yes Yes PFE5241578 PFE4125871 PFE4297188 PFE4297190 PFE4369660 PFE4369662 PFE4426176 PFE4426183 PFE4685498 PFE4805580 Ratings Moody's S&P A2 A+ A+ A+ A+ A+ NR NR 0.800 05/28/2025 1.700 05/28/2030 A2 2.550 05/28/2040 A2 2.700 05/28/2050 A2 1.750 08/18/2031 A2 2.100 05/15/2019 WR 5.200 08/12/2020 WR 5.800 08/12/2023 WR 1.450 06/03/2019 WR 1.950 06/03/2021 WR 1.700 12/15/2019 WR 2.200 12/15/2021 WR 3.000 09/15/2021 WR 2.800 03/11/2022 WR NR NR NR AA- NR NR NR Previous 1 22 Coupon Maturity Last Sale Price Yield 94.428 2.753 87.233 3.549 82.916 3.878 80.980 86.080 3.811 3.533 99.999 2.506 100.013 0.507 0.792 113.418 3.675 99.987 100.884 0.238 99.996 2.162 100.005 0.396 100.008 0.118 99.992 3.709 of 2 GO Bonds Bond Results Issuer Name PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC PFIZER INC Callable Sub-Product Type Symbol PFE.GM Yes Corporate Bond PFE4013012 Yes Corporate Bond PFE4013018 Yes PFE4125872 Yes PFE4125867 Yes PFE4297191 Yes PFE4369661 Yes PFE4426182 Yes PFE4426177 Yes Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond Corporate Bond PFE4426178 Yes PFE4685496 PFE4685495 Yes PFE4685497 Yes PFE4685494 Yes PFE4685493 Yes PFE4805581 Yes PFE4805582 Yes PFE4805669 Yes PFE4805670 Yes Corporate Bond Corporate Bond Corporate Bond Corporate Bond PFE4971095 Yes Ratings Moody's S&P Coupon Maturity 03/15/2039 A2 A+ 7.200 3.000 06/15/2023 A2 A+ A+ A+ A+ A+ 4.300 06/15/2043 A2 3.400 05/15/2024 A2 4.400 05/15/2044 A2 5.600 09/15/2040 A2 2.750 06/03/2026 A2 3.000 12/15/2026 A2 4.000 12/15/2036 A2 4.125 12/15/2046 A2 1.156 09/15/2023 A2 A+ A+ A+ A+ A+ A+ A2 A+ 3.200 09/15/2023 A2 3.600 09/15/2028 4.100 09/15/2038 4.200 09/15/2048 A+ A+ 2.950 03/15/2024 A+ A+ 3.450 03/15/2029 03/15/2039 3.900 A2 A+ 4.000 03/15/2049 A2 A+ 2.625 04/01/2030 A2 A+ 1 2 Next 1 2 2 2 2 2 A2 A2 A2 A2 Last Sale Price Yield 137.481 4.091 100.533 2.477 102.058 4.152 101.776 2.464 103.534 4.153 117.876 4.190 98.695 3.099 99.646 3.084 101.713 3.845 100.121 4.117 100.163 101.340 2.068 102.097 3.215 101.392 3.980 101.657 4.095 100.885 2.417 3.575 99.250 98.637 4.012 99.539 4.028 3.539 93.794 of 2 GO