Question: 5. a. Compute the approximate simple yield to maturity for the 7.35% coupon corporate bond for HSBC Holdings PLC that has a maturity date of

5. a. Compute the approximate simple yield to maturity for the 7.35% coupon corporate bond for HSBC Holdings PLC that has a maturity date of 6/15/2043. You can approximate to the nearest year for n, if you wish. Use $100 for FV. For this bond, no Ask is given so use the BID price for PV. b. What is the Moody's rating? Is this high, low, or medium quality? 6. Look at the top 3 bond yields for US bonds. Do you think these are good investments? Why or why not? 5. a. Compute the approximate simple yield to maturity for the 7.35% coupon corporate bond for HSBC Holdings PLC that has a maturity date of 6/15/2043. You can approximate to the nearest year for n, if you wish. Use $100 for FV. For this bond, no Ask is given so use the BID price for PV. b. What is the Moody's rating? Is this high, low, or medium quality? 6. Look at the top 3 bond yields for US bonds. Do you think these are good investments? Why or why not

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