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Use an example of a callable bond

a.Provide a link to your bond

b. Who is the issuer?

i. How much debt does the issuer have (This can be found on the balance sheet of the company on Morningstar.)? Has the debt level changed over the past three years? Can the increase/decrease in debt level affect their credit rating? Provide a graph that shows the debt level over the past three years.

ii. What is the bonds ratings? What does the rating indicate about default risk?

c.When does this bond mature? (Maturity date)

d. What is the current price in dollars for this bond? (how much is the bond selling for right now)

e. What type of coupon does the bond pay (fixed or floating)?

f.What is the coupon rate?

g.What is the coupon payment frequency and how much interest (in dollar amount) does the bond pay each period?

h. What is the yield to maturity? If it is a callable bond then what is the yield to call?

i. Summary: Why is this a good bond to invest in based on your groups risk profile? Make sure to discuss the following points

i.Issuers debt ratios relative to their industry.

Provide the image and a discussion regarding firms d/e ratio relative to industry (i.e Targets Debt/Equity ratio is .99 which is ranked lower than 68% of the global industry (this data can be found by simply googling Target D/E ratio and the first result will be gurufocus). This indicates, relative to industry, Target has high debt ratio. That makes the companys debt relatively riskier.

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