Question: Students should select a company that has issued bonds in the last 3 years so that the information sources can provide sufficient financial data for analysis. The selection is subject to faculty approval: the company choice should be posted as early as possible in the first week. Post the following. Your company choice: (I chose Exxon Mobile) The security chosen When that security was issued It's suggested that you work on at least one of each of the remaining milestones each week. The Final Project is made up of the separate sections for each milestone listed below. Each section should be a minimum of two pages (excluding charts, graphs, etc.).You will be submitting these milestones each week for Milestone 4: Purpose of the Offering and Leverage: (20 points) What was the planned use of the funds raised? If you can't find a specific discussion about that, then use your judgment as to why you think the funds were needed and explain your reasoning. Calculate the financial leverage before and after the offering. Milestone 5: Rate of Return: (20 points) If you were one of the original investors in this issue and you had invested $10,000, what would your total return be if you sold the securities at today's market price? Compute the duration of the bond and its convexity currently. Add a brief discussion about your calculations. Milestone 6: Comparisons: (20 points) Identify and compare pre-offering EPS and total equity $ to the most current values. Compute the firm's current WACC assuming the total debt of the firm is in the issue that you analyzed. This means that if the company has more than one debt issue outstanding with a total face value of $X million and your chosen issue involves $Y million, then assume that all $X million is in your issue. This will simplify the calculations without diminishing learning value. Discuss at least three overall conclusions about this offering as a result of your research.