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
Related questions
Question
Why do the bonds have different credit ratings?
![A
1 Issuer Name
2
Symbol
3 Product Subtype
4 Industry Group
5 Maturity Date
6 Coupon Rate
7 Callable
8 Coupon Type
9 Moodys Rating
10 S&P Rating
11 Trace Grade
12 Latest Sale Price
13 Latest Sale Yield
14 Latest Trade Date
15 Convertible
16 144A
17 Perpetual
Price Change #
18
19 Price Change %
20 Next Call Date
E
L
M
American Home Prods Corp
Alpharma Inc
PFE3769697 PFE3769698 PFE3769699 PFE3769700 PFE3708240 PFE3769701 PFE3769702 PFE3666215 PFE3708702 PFE3708703 PFE3708704 PFE3708705 PFE3708706 PFE3708707
CORP
CORP
CORP
CORP
CORP
CORP
CORP
CORP
SERVICE
SERVICE
SERVICE
6/1/2006
3
SERVICE
4/1/2005
5.75
N
FXPV
NR
SERVICE
4/1/2005
5.75
Y
FXPV
NR
CCC+
H
CORP
SERVICE
6/1/2006
3
N
FXPV
NR
CCC+
CORP
SERVICE
5/1/2011
8.625
N
FXPV
B3
B-
CORP
CORP
SERVICE SERVICE
5/1/2011 3/15/2027
8.625
2.125
N
Y
FXPV
FXPV
NR
NR
CORP
CORP
PHRM
SERVICE
3/1/2023 10/15/2002
7.25
6.5
N
N
FXPV
FXPV
NR
A3
A
N
FXPV
NR
CCC+
H
SERVICE
2/15/2005
7.9
N
FXPV
Baal
A
3/15/2011
6.95
N
VRGR
A1
AA
SERVICE
3/15/2004
6.125
N
VRGR
Baal
A
3/15/2006
6.5
N
VRGR
Baal
SERVICE
3/15/2011
6.95
N
VRGR
A1
AA
NR
NR
NR
A
H
H
H
H
|
H
100.01
5.84
2/24/2023
N
N
B
H
Y
10/20/2003
с
Y
Y
5/1/2005
D
Y
Y
Y
N
O
1/23/2006 1/23/2006
F
N
Y
5/1/2007
G
N
N
5/1/2007
H
Y
N
|
2.5641
2.63
J
N
N
K
N
Y
N
Z Z
N
N
N
N
N
N
N
N](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5100df5b-4ef1-495e-bafd-6854b6715a8f%2Ff9f413a2-e64d-4ba0-ac85-8bfaa406934c%2Fqzf0ewc_processed.png&w=3840&q=75)
Transcribed Image Text:A
1 Issuer Name
2
Symbol
3 Product Subtype
4 Industry Group
5 Maturity Date
6 Coupon Rate
7 Callable
8 Coupon Type
9 Moodys Rating
10 S&P Rating
11 Trace Grade
12 Latest Sale Price
13 Latest Sale Yield
14 Latest Trade Date
15 Convertible
16 144A
17 Perpetual
Price Change #
18
19 Price Change %
20 Next Call Date
E
L
M
American Home Prods Corp
Alpharma Inc
PFE3769697 PFE3769698 PFE3769699 PFE3769700 PFE3708240 PFE3769701 PFE3769702 PFE3666215 PFE3708702 PFE3708703 PFE3708704 PFE3708705 PFE3708706 PFE3708707
CORP
CORP
CORP
CORP
CORP
CORP
CORP
CORP
SERVICE
SERVICE
SERVICE
6/1/2006
3
SERVICE
4/1/2005
5.75
N
FXPV
NR
SERVICE
4/1/2005
5.75
Y
FXPV
NR
CCC+
H
CORP
SERVICE
6/1/2006
3
N
FXPV
NR
CCC+
CORP
SERVICE
5/1/2011
8.625
N
FXPV
B3
B-
CORP
CORP
SERVICE SERVICE
5/1/2011 3/15/2027
8.625
2.125
N
Y
FXPV
FXPV
NR
NR
CORP
CORP
PHRM
SERVICE
3/1/2023 10/15/2002
7.25
6.5
N
N
FXPV
FXPV
NR
A3
A
N
FXPV
NR
CCC+
H
SERVICE
2/15/2005
7.9
N
FXPV
Baal
A
3/15/2011
6.95
N
VRGR
A1
AA
SERVICE
3/15/2004
6.125
N
VRGR
Baal
A
3/15/2006
6.5
N
VRGR
Baal
SERVICE
3/15/2011
6.95
N
VRGR
A1
AA
NR
NR
NR
A
H
H
H
H
|
H
100.01
5.84
2/24/2023
N
N
B
H
Y
10/20/2003
с
Y
Y
5/1/2005
D
Y
Y
Y
N
O
1/23/2006 1/23/2006
F
N
Y
5/1/2007
G
N
N
5/1/2007
H
Y
N
|
2.5641
2.63
J
N
N
K
N
Y
N
Z Z
N
N
N
N
N
N
N
N
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