Use Exhibit 20-5, Corporate Bond Quotation Table, to find the information for the corporate bond. VERIZON COMMUNICATIONS INC ask price in dollars $

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question
Use Exhibit 20-5, Corporate Bond Quotation Table, to find the information for the corporate bond.
VERIZON COMMUNICATIONS INC
ask price in dollars $
File Edit View Hiştory Bookmarks Tools Help
WA 20-exhibit-5.pdf
+
https://www.webassign.net/brecmbc9/20-exhibit-5.pdf
Q Search
个|↓
- + Automatic Zoom
>>
1
of 1
EXHIBIT 20-5 Corporate Bond Quotations-selected from Fidelity.com
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Rating
Bid
Ask
Yield to
Price
Price Worst/
Maturity Next Call
Date
Date
Qty
Yield (min)
Qty
(min)
Yield to Yield to
Description
Coupon
Moody's S&P
Sink Maturity
BLACK HILLS CORP
3.150
01/15/2027 07/15/2026 BAA2
ВВ
4.282
92.053 92.810
4.169
4.169
NOTE CALL MAKE
250(5) 20(2)
WHOLE3.15000% 01/15/2027
BROADCOM CORP/
3.875
01/15/2027 10/15/2026 BAA2
BBB-
4.738
92.053 94.083
4.734
4.734
BROADCOM
250(5) 28(2)
CAYMAN3.87500%
01/15/2027 NOTE CALL
MAKE WHOLE
CBS CORP NEW
2.900
01/15/2027 10/15/2026 BAA2
ВВВ
4.384
89.630 89.901
4.342
4.342
NOTE CALL MAKE
500(10) 231(12)
WHOLE2.90000% 01/15/2027
COMCAST CORP NEW
2.350
01/15/2027 10/15/2026 A3
A-
3,899
88.953 89,123
3.874
3.874
NOTE CALL MAKE
100(5) 261(2)
WHOLE2.35000% 01/15/2027
DUKE ENERGY FLA
3.200
01/15/2027 10/15/2026 A1
A.
3.619
96.976 97.498
3.546
3.546
LLC BOND CALL MAKE
250(5) 50(20)
WHOLE3.20000% 01/15/2027
KRAFT HEINZ FOODS
4.625
01/30/2029 10/30/2028 BAA3
ВВВ
4.628
99.965 100.120
4.609
4.609
CONOTE CALL MAKE
250(10) 500(10)
WHOLE4.62500% 01/30/2029
VERIZON
3.550
06/15/2029 06/15/2028 BAA1
BBB+
4.350
93.137 94.938
4.133
4.133
COMMUNICATIONS INC
250(5) 5(5)
3.55000% 06/15/2029 MTN
12:55 PM
O Type here to search
耳 ||
a
12/17/2020
Transcribed Image Text:File Edit View Hiştory Bookmarks Tools Help WA 20-exhibit-5.pdf + https://www.webassign.net/brecmbc9/20-exhibit-5.pdf Q Search 个|↓ - + Automatic Zoom >> 1 of 1 EXHIBIT 20-5 Corporate Bond Quotations-selected from Fidelity.com (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Rating Bid Ask Yield to Price Price Worst/ Maturity Next Call Date Date Qty Yield (min) Qty (min) Yield to Yield to Description Coupon Moody's S&P Sink Maturity BLACK HILLS CORP 3.150 01/15/2027 07/15/2026 BAA2 ВВ 4.282 92.053 92.810 4.169 4.169 NOTE CALL MAKE 250(5) 20(2) WHOLE3.15000% 01/15/2027 BROADCOM CORP/ 3.875 01/15/2027 10/15/2026 BAA2 BBB- 4.738 92.053 94.083 4.734 4.734 BROADCOM 250(5) 28(2) CAYMAN3.87500% 01/15/2027 NOTE CALL MAKE WHOLE CBS CORP NEW 2.900 01/15/2027 10/15/2026 BAA2 ВВВ 4.384 89.630 89.901 4.342 4.342 NOTE CALL MAKE 500(10) 231(12) WHOLE2.90000% 01/15/2027 COMCAST CORP NEW 2.350 01/15/2027 10/15/2026 A3 A- 3,899 88.953 89,123 3.874 3.874 NOTE CALL MAKE 100(5) 261(2) WHOLE2.35000% 01/15/2027 DUKE ENERGY FLA 3.200 01/15/2027 10/15/2026 A1 A. 3.619 96.976 97.498 3.546 3.546 LLC BOND CALL MAKE 250(5) 50(20) WHOLE3.20000% 01/15/2027 KRAFT HEINZ FOODS 4.625 01/30/2029 10/30/2028 BAA3 ВВВ 4.628 99.965 100.120 4.609 4.609 CONOTE CALL MAKE 250(10) 500(10) WHOLE4.62500% 01/30/2029 VERIZON 3.550 06/15/2029 06/15/2028 BAA1 BBB+ 4.350 93.137 94.938 4.133 4.133 COMMUNICATIONS INC 250(5) 5(5) 3.55000% 06/15/2029 MTN 12:55 PM O Type here to search 耳 || a 12/17/2020
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Bankruptcy
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education