Use the information at the bond site on Yahoo! Finance to answer the following questions about a

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Use the information at the bond site on Yahoo! Finance to answer the following questions about a corporate bond. To complete this activity, follow these steps:

a. Go to finance.yahoo.com/bonds and click on Bond Screener.

b. Click on Corporate and enter the information requested in the section "Select Bond Criteria." then click Find Bonds.

c. Choose one of the issues listed.

d. Using the information on the Yahoo! bond website, determine the current yield for this bond issue. What does the current yield calculation measure?

e. Using the information on the Yahoo! bond website, what is the yield to maturity for this bond issue? What does the yield to maturity calculation measure?

f. What is the rating for this bond? What does this rating mean?

g. Based on your answer to the above questions, would you choose this bond for your investment portfolio? Explain your answer.

Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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