One site that provides bond information is www.finra.org/industry/trace/corporate-bond-data. Please pick an
active bond listed on the website and answer the following questions.
What is the identification information of the bond? Such as Bond name, symbol, CUISP, bond type, an industry
group.
What is the bond’s coupon rate? How frequent the bond makes the coupon payment?
When was the bond issued? When will the bond mature? What is the bond’s maturity?
What is the bond’s last trade price? What is the bond’s last trade yield?
The par value of the bond is assumed to be $100 on the website. Please use the information in question 1-4
and this week’s lecture to estimate the bond’s yield to maturity (YTM). Is the bond’s YTM consistent with its last
trade yield?
Please provide steps and analysis associated with your answers to the questions above.
Sample Solution
