Assignment Instructions

You should spend between $100,000 and $200,000 on a group of debt investments. From your experience exploring the corporate, federal, and municipal bond markets, please select at least:

• One corporate bond purchase. One Treasury bill or bond.
• One municipal bond.

Finally, in a Word document, supplemented with Excel, please submit a recap of your activity if you think appropriate. Be sure to include an analysis of your decisions in your notes explaining your choice of bonds.

Checklist:

• Explain the nature and purpose of bonds.
• Explain call provisions and compute yield to call.
• Interpret bond ratings.
• Contrast current yield and yield to maturity.