Question: Question 7 Visit FINRA TRACE Bond Market Data. Under Quick Search, select Corporate and search for Walmart Bonds. Look for the Bond with a symbol

 Question 7 Visit "FINRA TRACE Bond Market Data". Under "Quick Search",select "Corporate" and search for "Walmart" Bonds. Look for the Bond witha symbol "WMT5255679" Look under "Trade History" The data shows that a

Question 7 Visit "FINRA TRACE Bond Market Data". Under "Quick Search", select "Corporate" and search for "Walmart" Bonds. Look for the Bond with a symbol "WMT5255679" Look under "Trade History" The data shows that a large trade took place at $103.690 on 09/22/2021 What is the computed yield to maturity of this Bond trade? Enter your answer in the format: 0.1234 Hint: This is a semi-annual coupon bond. Gather N, PV, PMT, FV and compute I/Y. 0.0123 O 0.0025 0.1238 O 0.0248 Bond Detail WALMART INC Coupon Rate 2.650% Price/Yield Chart Price Chart Yield Chart 09/24/2021 - Yield 11/2021 - 07/01/2022 Bankruptcy Insurance Mortgage Insurer Pre-Refunded/Escrowed Additional Description Maturity Date 09/22/2051 Call Date Credit and Rating Elements Moody's Rating Standard & Poor's Rating TRACE Grade Default 03/22/2051 Put Date 01/2022 Put & Redemption Provisions Call Price $100.00 Put Price Symbol WMT5255679 931142EV1 Zoom: 5D 1M 3M YTD 1Y 3Y 5Y 10Y Max 04/2022 Trade History 06/2022 Last Trade Price Last Trade Yield Last Trade Date US Treasury $75.75 4.078% 07/01/2022 Yield Yield % Call Frequency Continuously 4.00 Put Frequency 3.50 3.00 Aa2 (09/08/2021) AA (09/08/2021) Investment Grade 2.50 2.00 Senior Unsecured Note CUSIP N Bond Type Next Call Date 03/22/2051 Classification Elements Debt Type Industry Group Industry Sub Group Sub-Product Asset Sub-Product Asset Type State Use of Proceeds Security Code Special Characteristics Medium Term Note Issue Elements Offering Date Dated Date First Coupon Date Original Offering* Amount Outstanding* Series Issue Description Project Name Payment Frequency Day Count Form Depository/Registration + ADD TO WATCHLIST Bond Elements Original Maturity Size* Amount Outstanding Size* Security Level Collateral Pledge Capital Purpose *dollar amount in thousands Yield at Offering Price at Offering Coupon Type Escrow Type Lookup Symbol: Callable Yes US Corporate Debentures Senior Unsecured Note Industrial Retail CORP Corporate Bond N 09/08/2021 09/22/2021 03/22/2022 $1,500,000.00 $1,500,000.00 Semi-Annual 30/360 Book Entry DTC, Clearstream, Euroclear Senior 1,500,000.00 1,500,000.00 2.67% $99.63 Fixed Maturity (N) Last Trade Price (PV) PMT Price at Offering (FV) Coupon Rate Yield To Maturity 29 75.75 2.65 99.65 2.65

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!