This assignment is for extra credit. You will be earning a maximum of 1 point to be added to your final course grade if you turn in your extra credit by the assigned deadline. This extra credit exercise should take no more than 10 to 15 minutes to complete.Once you complete the table below, submit your extra credit via Blackboard through the assignment box that has been set up.

Why this exercise? To be able to determine the cost of capital for your company, the cost associate with each form of financing used by the company needs to be determined. This exercise focuses on bond valuation and yield to maturity (YTM).The YTM on a company bonds helps determine the company's cost of debt. The cost of capital will be covered in chapter 10. The cost of capital is a key input in capital expenditure decisions.

Required source of information for this assignment: www.finra-markets.morningstar/BondCenter.

Instructions: Go to the Morningstar site at finra-markets.morningstar.com/BondCenter. Click on the "Search" tab in the middle of the screen. Search for your company by entering either the company's name or ticker symbol in the appropriate space provided. After you hit return, a list of your company's bonds outstanding will appear. You may notice that some bonds don't have yield information. Do not focus on those. This indicates that there have been no bond trades for the bond in some time. Find the longest maturity bond that has trading activity with yield information.Use the information associated with this bond to respond to the items below. Please note, there may be a couple of screens with company bond data that you may need to look through.

Your Name: Abryna Sebeh
Item	Your Response
Your company's name	Cintas Inc (CTAS)
What is the longest maturity of your company's bonds?
Price
Yield to Maturity (YTM)
Based on the relationship between price and YTM, is the bond trading at a discount, premium or par? For reference, par value is $100. (Highlight, circle or cross out your choice)	Discount	Par	Premium
Explain why you chose discount, premium or par.
S&P bond rating
Moody's bond rating
Bond classification based on S&P's rating (Highlight, circle or cross out your choice)	Investment grade bond	Junk bond
Bond classification based on Moody's rating (Highlight , circle or cross out your choice)	Investment grade bond	Junk bond