BUS 401 week 2 Discussion Bond Calculation

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DISCUSSION TWO

 

 

 

Go to theYahoo Finance Bonds Center.

  1. Under: Bonds Center click Bond Screener:
  2. Click the Corporate check box under Bond Type then click Find Bonds.
  3. Choose any bond.

Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected relative to the 5%. Is the bond selling at a premium or a discount? Why? Be sure to show how you arrived at your answer. What other factors may influence the value of a bond? 
This is the name of the corporation I chosen

PRIVATE EXPT FDG CORP

As of 1-Jul-2014

  

 

OVERVIEW

 

 

 

Price:

101.28

Coupon (%):

3.050

Maturity Date:

15-Oct-2014

Yield to Maturity (%):

-1.380

Current Yield (%):

3.012

Fitch Ratings:

AAA

Coupon Payment Frequency:

Semi-Annual

First Coupon Date:

15-Apr-2010

Type:

Corporate

Callable:

No

 

 

 

OFFERING INFORMATION

 

 

 

Quantity Available:

15

Minimum Trade Qty:

2

Dated Date:

29-Sep-2009

Settlement Date:

2-Jul-2014

    • 12 years ago
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