Question
Select either a long term, short-term or callable bond and discuss the following points: a. Provide a link to your bond b. Who is the
Select either a long term, short-term or callable bond and discuss the following points: a. Provide a link to your bond b. Who is the issuer? i. How much debt does the issuer have (This can be found on the balance sheet of the company on Morningstar.)? Has the debt level changed over the past three years? Can the increase/decrease in debt level affect their credit rating? Provide a graph that shows the debt level over the past three years. ii. What is the bonds ratings? What does the rating indicate about default risk? c. When does this bond mature? (Maturity date) d. What is the current price in dollars for this bond? (how much is the bond selling for right now) e. What type of coupon does the bond pay (fixed or floating)? f. What is the coupon rate? g. What is the coupon payment frequency and how much interest (in dollar amount) does the bond pay each period? h. What is the yield to maturity? If it is a callable bond then what is the yield to call?
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