Read the below link.
http://finra-markets.morningstar.com/BondCenter/Default.jsp
Copy the bond’s quotation from the website.
- Describe the main elements of the bond:Coupon rate
- Calculate annual coupon payment (assuming face value $1,000)
What is the frequency of coupon payments of the bond? If the frequency is greater than 1, how much is payment is going to be?
Maturity, - Explain the meaning of rating.The last price listed in quotation
- How much the investor would pay for the bond assuming $1,000 face value and using the last price listed in quotation?
- Calculate the current yield of the bond assuming that par value of the bond is $1,000
- How much is the YTM listed in quotations is for the bond? Explain the meaning of YTM.
- Is the bond callable or not? If the bond that you chose is callable (non-callable), will it change your decision to buy it?