Suppose you observe the following information at the FINRA website regarding bonds issued by Advanced Micro Devices.

a. What is the yield to maturity of this bond as of 08/25/2015? b. What are the risk factors the yield you determined in part a offers rewards based on the information above? Explain. c. On 8/17/2018, the price (last trade price) of this bond was $106.00. What kind of a change in factor(s) you identified in part b would lead to the price on 8/17/2018? Which factor may be the most significant? Explain.

ADVANCED MICRO DEVICES INC Coupon Maturity Symbol Rate Date CUSIP Next Call Date Callable 7 % 7/1/2024 AMD4155878 007903BCO Yes Last Trade Price Last Trade Yield 7/1/2019 Last Trade Date US Treasury Yield $63.50 8/25/2015 - Agency Moody's Rating Standard & Poor's Rating Fitch Rating Credit Rating (Publication Date) Caa2 (07/28/2015) B- (04/20/2015) B- (04/20/2015) ADVANCED MICRO DEVICES INC Coupon Maturity Symbol Rate Date CUSIP Next Call Date Callable 7 % 7/1/2024 AMD4155878 007903BCO Yes Last Trade Price Last Trade Yield 7/1/2019 Last Trade Date US Treasury Yield $63.50 8/25/2015 - Agency Moody's Rating Standard & Poor's Rating Fitch Rating Credit Rating (Publication Date) Caa2 (07/28/2015) B- (04/20/2015) B- (04/20/2015)