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You are analyzing the following bond on the settlement date of June 0 8 , 2 0 2 1 . The Bloomberg terminal displays a
You are analyzing the following bond on the settlement date of June The Bloomberg terminal displays a price of The portfolio manager has tasked you to write a report advising her on a number of points related to the above fixedincome asset. Specifically, the portfolio manager has asked you to:
Present the company, discuss the industry in which the company trades, and analyse the credit profile of the bond
Compare and contrast i the fixedincome security described above and the ii preferred share issued by the same company
Explain the concept behind and calculate the i accrued interest, ii clean price, and iii dirty price and of the bond
Explain the concept of the yield to maturity and use all relevant information to compute its value
Use all relevant information to evaluate the interest rate risk of this bond
Use two different approaches to analyse the impact of a percentage point increase in interest rates on the bond
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