Visit the following web site, type in your company name or stock ticker symbol, and use the pull- down menu to the right to indicate that you are looking for Bond information, then click on Go –
(8 points) Corporate Bonds (hint: if the price is less than 100, the bond is selling at a Discount, if the price = 100, the bond is selling at Face Value, and if the price is greater than 100, the bond is selling at a Premium) FINRA: Market Data or FINRA: Bonds
i.(2 points) Does Darden issue Bonds? Yes or No (highlight one), If Yes, how many?
1.Are the Darden Bonds selling at a Premium, Face Value, Discount, or Does Not Have Bonds Outstanding? (highlight one)
ii.(2 points) Does Marriott issue Bonds? Yes or No (highlight one), If Yes, how many?
1.Are the Marriott Bonds selling at a Premium, Face Value, Discount, or Does Not Have Bonds Outstanding? (highlight one)
iii.You may find it helpful to review the definition of Yield To Maturity on the following web page Investopedia: “Yield to Maturity (YTM)” before you look up the Bond information on Your Chosen Company.
iv.You may also want to visit the investors’ section of the web site for Your Chosen Company. Typically, corporate bonds are discussed in the footnotes under outstanding liabilities or debt.
v.(2 points) Does Your Chosen Company issue Bonds? Yes or No (Circle one)
1.If Your Chosen Company does issue Bonds, how many?
2.Is each Bond for Your Chosen Company selling at a Premium, Face Value, Discount, or Does Not Have Bonds Outstanding? (Circle one)
vi.(2 points) Three questions about corporate bonds: (in 50 to 80 words) –
1.What does it mean to an investor when a bond sells at a Premium?
2.Please review the information in Chapter 6 on Bond Ratings. On the bond website, you will notice that Moody, S&P, and Fitch have rated the bonds. Overall, which company had the higher bond ratings? Darden or Marriott? (Circle one)
3.What surprised you about this information?
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(8 points) Government Bonds – Visit the following web sites
i. TreasuryDirect: Individual
1.Briefly in two or three sentences describe one thing that you learned about Government Bonds for Individual use. (In 50 to 80 words)
2.Briefly in two or three sentences describe one thing that surprised you about bonds. (In 50 to 80words)
ii.TreasuryDirect
1.Briefly in two or three sentences describe one thing you learned about Treasury Securities for Financial Institutions from this web site. (In 50 to 80 words)
2.Briefly in two or three sentences describe one thing that surprised you on this web site. (In 50 to 80 words)
