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Use Table 2 5 . 1 to answer the following questions: Amount issued $ 6 0 0 million Offered Issued at a price of 9

Use Table 25.1 to answer the following questions:
Amount issued $ 600 million
Offered Issued at a price of 99.592% plus accrued interest (proceeds to company 98.717%) through Citi and JPMorgan
Interest 5.85% per annum payable June 15 and December 15.
Maturity June 15,2041
Denomination, face value, or principal $ 1,000
a. The AMAT bond was issued on June 8,2011, at 99.592%. How much would you have to pay to buy one bond delivered on June 15? Dont forget to include accrued interest. Assume a 365-day year.
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.
b-1. When is the first interest payment on the bond?
b-2. What is the total dollar amount of the payment?
Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.
c-1. On what date do the bonds finally mature?
c-2. What is the amount to be paid on each bond at maturity?
Note: Do not round intermediate calculations. Enter your answers in dollars, rather than in millions of dollars, rounded to 2 decimal places.Use Table 25.1 to answer the following questions:
Amount issued
offered
Interest
Maturity
Denomination, face value, or principal
$600 million
Issued at a price of 99.592% plus accrued interest (proceeds to company 98.717%)
through Citi and JPMorgan
5.85% per annum payable June 15 and December 15.
June 15,2041
$1,000
a. The AMAT bond was issued on June 8,2011, at 99.592%. How much would you have to pay to buy one bond delivered on June 15?
Don't forget to include accrued interest. Assume a 365-day year.
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.
b-1. When is the first interest payment on the bond?
b-2. What is the total dollar amount of the payment?
Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.
c-1. On what date do the bonds finally mature?
c-2. What is the amount to be paid on each bond at maturity?
Note: Do not round intermediate calculations. Enter your answers in dollars, rather than in millions of dollars, rounded to 2
decimal places.
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