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Refer to Table 67. Verify the yield of 2.170 percent on the Eastman Chemical bonds with a coupon of 2.400 percent and a maturity date
Refer to Table 67. Verify the yield of 2.170 percent on the Eastman Chemical bonds with a coupon of 2.400 percent and a maturity date of June 1, 2017. Settlement occurs two days after purchase, so actual ownership of the bond occurs on July 18, 2013
TABLE 67 Corporate Bond Market Quote Most Active Investment Grade Bonds Issuer Name Symbol Coupon Maturity Moody's/S&P/ Fitch High Low Last Change Yield% GOLDMAN SACHS GROUP WESTPAC BKG CORP PHILIP MORRIS INTL INC GOLDMAN SACHS GROUP MORGAN STANLEY GOLDMAN SACHS GROUP WELLS FARGO & CO NEW MEDIUM TERM SR NTS EASTMAN CHEM CO GENERAL ELEC CAP CORP MEDIUM TERM NTS BO MORGAN STANLEY GS3956630 2.375% 01/22/2018 A3/A-/A 100.307 98.554 98.878-0.006 2.641 WBK3952102 1.600% 01/12/2018 Aa2/AA- 98.645 98.293 98433-0156 L967 PM3975064 2.625% 03062023 GS3956651 3.625% 0172/2023 A3/A-/A 98.558 95.577 95578-1.8234194 MS3997659 2.125% 04/25/2018 Baa1/A-/A 98498 96027 96506-1.385 2.915 GS.JBZ A2IAVA 95.335 93.521 93.772 0.858 3.388 3625% 02/07/2016 A3A_A 105650103699 104.932 0.141 L642 WFC3946014 1.500% 01/16/2018 AA+AA- 99.305 97.702 97.987-0.013 L970 EMN3861 877 2.400% 06/01/2017 Baa2/BBB,BBB 101.189 100.847 100.847 0.062 2.170 01m/202 A1/AA+/ 94.152 94.293-0.081 GE8951 255 MS.GDZ 3.100% 98.000 5.950% 12/28/2017 Baa1/A-/A 112.723 111.002 112.083 0.373 3.022 3.824Step by Step Solution
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