Question 14 of 71 What is the effective annual yield (EAY) of the bond below? Please use the following Apple bond quote on Bloomberg as a reference: DES APPLE INC AAPL 3.85 05/43 88.852/88.852 (4.545/4.545) TRAC AAPL 3.85 05/04/43 Corp Page 1/11 Description: Bond 94 Notes 99 Buy 98 Sell 97) Settings 20 Bond Description 23 Issuer Description Pages Issuer Information Identifiers 1) Bond Info Name APPLE INC ID Number E36592533 2) Addtl Info 3) Covenants Industry Communications Equipment CUSIP 037833AL4 Security Information ISIN 4) Guarantors US037833AL42 5) Bond Ratings Mkt of Issue Global Bond Ratings 6) Identifiers Country US Currency USD Moody's Aa1 7) Exchanges Sr Unsecured Series S&P AA+ 8) Inv Parties Coupon 3.85 Type Fixed Composite AA+ 9) Fees, Restrict 10) Schedules Con Freq S/A 11) Coupons Day Cnt 30/360 Iss Price 99.41800 Issuance & Trading Quick Links Maturity 05/04/2043 Art Issued/Outstanding 32) ALLQ Pricing MAKE WHOLE @15 until 05/04/43/BULLET USD 3,000,000.00 (M) / 39) ORD Quote Reca Issue Spread 100.00bp vs T 2 11/15/42 USD 3,000,000.00 (M) 34) TDH Trade Hist 35) CAC Corp Action Calc Type (1)STREET CONVENTION Min Piece/Increment 36) CF Prospectus Announcement Date 04/30/2013 2,000.00 / 1.000.00 3) CN Sec News Interest Accrual Date 05/03/2013 Par Amount 1,000.00 38) HDS Holders 1st Settle Date 05/03/2013 Book Runner DB,GS 3) VPR Underly Inf 1st Coupon Date 11/04/2013 Reporting TRACE 66) Send Bond Australia 61 2 9777 8600 Brazil 5511 3048 4500 Europe 44 20 7330 7500 Cermany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 3201 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 Copyright 2014 Bloomberg Finance L.P. SN 658873 EDT CHT-4 00 6590-434-2 09-Apr-2014 20 21 43 Rank O 3.85096 0 4.49496 0 4.54596 0 4.59796 O 4.65596