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Question 1 (1 point) It is 11/6/2020 and You own the following APPLE INC. bond: Coupon Rate 3.00% Maturity Date 11/6/2023 Callable Yes Par Value

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Question 1 (1 point) It is 11/6/2020 and You own the following APPLE INC. bond: Coupon Rate 3.00% Maturity Date 11/6/2023 Callable Yes Par Value $1000 Market Price $1025 Call Price $1090 Issue Date 11/6/2019 Call Date 11/6/2021 What is bond's current yield? 2.75% 2.93% 2.48% 3.00% Question 2 (1 point) Saved It is 11/6/2020 and You own the following APPLE INC. bond: Coupon Rate 3.00% Maturity Date 11/6/2023 Callable Yes Par Value $1000 Market Price $1025 Call Price $1090 Issue Date 11/6/2019 Call Date 11/6/2021 What is bond's approximate yield to maturity? 2.14% 2.93% 2.963 2.75 Question 3 (1 point) It is 11/6/2020 and You own the following APPLE INC. bond: Coupon Rate 3.00% Maturity Date 11/6/2023 Callable Yes Par Value $1000 Market Price $1025 Call Price $1090 Issue Date 11/6/2019 Call Date 11/6/2021 If you held onto the bond until maturity, what would be your approximate annualized holding period return from the time you bought it at issuance? (ignore Taxes) 17.5% 5.5% 3.00% 12.00% Question 4 (1 point) It is 11/6/2020 and You own the following APPLE INC. bond: Coupon Rate 3.00% Maturity Date 11/6/2023 Callable Yes Par Value $1000 Market Price $1025 Call Price $1090 Issue Date 11/6/2019 Call Date 11/6/2021 One possible reason why the market price is $1025 could be:I Apple may have had a credit ratings increase The higher call price is affecting the trading price of the bonds Apple may be having financial difficulties The rates for comparable bonds has gone up. Question 5 (1 point) It is 11/6/2020 and You own the following APPLE INC. bond: Coupon Rate 3.00% Maturity Date 11/6/2023 Callable Yes Par Value $1000 Market Price $1025 Call Price $1090 Issue Date 11/6/2019 Call Date 11/6/2021 Based on the market price today, what is the interest rate in the market for a comparable bond today? 2.75% 3.08% 3.00% 2.93%

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