If you were one of the original investors in this issue and you had invested $10,000, what would your total return be if you sold the securities at today's market price? Compute the current duration of the bond and add a brief discussion about your calculations and what the results indicate.

This is to a bond I picked from ExxonMobil that was issued on 04/13/2020

 

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Coupon Rate 2.610% Price/Yield Chart Price Chart Yield Chart 04/13/2020 -Price Maturity Date 10/15/2030 02/17/2023 2020 2021 Credit and Rating Elements Moody's Rating Standard & Poor's Rating TRACE Grade Default Bankruptcy Symbol XOM4976385 30231GBN1 Trade History. Zoom: 5D 1M 3M YTD 1Y 3Y 5Y 10Y Max Last Trade Price Last Trade Yield Last Trade Date $87.60 4.547% 2022 Price $ 104.00 96.00 88.00 80.00 CUSIP Aa2 (03/23/2021) AA- (02/11/2021) Investment Grade N Bond Type Next Call Date 07/15/2030 State Classification Elements Debt Type Industry Group Industry Sub Group Sub-Product Asset Sub-Product Asset Type 02/17/2023 Yield Use of Proceeds Security Code Special Characteristics Medium Term Note Issue Elements Day Count Callable Yes Offering Date Dated Date First Coupon Date Original Offering* Amount Outstanding* Series Issue Description Project Name Payment Frequency US Treasury US Corporate Debentures Senior Unsecured Note Industrial Oil And Gas CORP Corporate Bond N 04/13/2020 04/15/2020 10/15/2020 $2,000,000.00 $2,000,000.00 Semi-Annual 30/360 Coupon Rate 2.610% Price/Yield Chart Price Chart Yield Chart 04/13/2020 -Price Maturity Date 10/15/2030 02/17/2023 2020 2021 Credit and Rating Elements Moody's Rating Standard & Poor's Rating TRACE Grade Default Bankruptcy Symbol XOM4976385 30231GBN1 Trade History. Zoom: 5D 1M 3M YTD 1Y 3Y 5Y 10Y Max Last Trade Price Last Trade Yield Last Trade Date $87.60 4.547% 2022 Price $ 104.00 96.00 88.00 80.00 CUSIP Aa2 (03/23/2021) AA- (02/11/2021) Investment Grade N Bond Type Next Call Date 07/15/2030 State Classification Elements Debt Type Industry Group Industry Sub Group Sub-Product Asset Sub-Product Asset Type 02/17/2023 Yield Use of Proceeds Security Code Special Characteristics Medium Term Note Issue Elements Day Count Callable Yes Offering Date Dated Date First Coupon Date Original Offering* Amount Outstanding* Series Issue Description Project Name Payment Frequency US Treasury US Corporate Debentures Senior Unsecured Note Industrial Oil And Gas CORP Corporate Bond N 04/13/2020 04/15/2020 10/15/2020 $2,000,000.00 $2,000,000.00 Semi-Annual 30/360

Answer rating: 100% (QA)

1 You invested 10000 in this ExxonMobil bond when it was originally issued on 04132020 2 The current ... View the full answer