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Question 11 You are interested in investing in the bond market. You narrowed your options to the three listed below, all of which have a

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Question 11 You are interested in investing in the bond market. You narrowed your options to the three listed below, all of which have a maturity value of $100 and a TTM of 2 years and pays coupons semiannually. Coupon rate (%) Current Price ($) Bond Issuer 2 99.25 (1) Microsoft 2% 2023 US594918ATXX Microsoft Corporation 1.5 98.30 (2) San Francisco California Public Utils Commission San Francisco County Water Revenue Refunding government Taxable Bonds 92.50 (3) Puerto Rico Sales Tax Revenue Bonds The Puerto Rico government (A) What is the YTM of the Microsoft bond? (B) What is the YTM of the San Francisco government bond? (C) What is the YTM of the Puerto Rico government bond? (D) Name two factors aside from YTM you should take into account when considering bond investments

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