In this closing research paper of investing st countgies, we lead date bonds. ?A bond is a contract amidst the borrowing company (issuer) and the lender (investor) in which the borrower promises to pay a qualify amount of interest at the end of to each one gunpoint the bond is outstanding and to repay the principal at the adulthood date of the bond contract? (Albrecht, Stice, Stice, & Swain, 2005, p. 538). For this final hebdomad our squad is given $10,000.00 to invest in each merged and/or Municipal bonds. As previously decl ared our team goal is to focus on come on investment (ROI). With that in mind we aim to select bonds that are calling at a discount rate and convey a bond rating of BBB or better. Since bonds are issued in increments of $1,000.00, our dodging is to select bonds below the issue price. To add to our portfolio?s entertain we will tar accept bonds with a verifier rate of 6% or better. elan Nextel offers a blanket(prenominal) range of piano tuner and wire line communications services bringing the independence of mobility to consumers, businesses and government users. Sprint Nextel is astray recognized for developing, engineering and deploying groundbreaking technologies, including two robust tuner networks serving 53.1 million customers at the end of 2006; industry-leading mobile entropy services; instant interior(a) and international walkie-talkie capabilities; and an award-winning and world-wide (Yahoo Finance, 2007)a.
Name and company germinate ticker symbol: Sprint Nextel Corp ? Sb.Where the bond is listed: everywhere the counterc.How Sprint consorts at heart the investment st! rategy: Sprint fit into our investment portfolio because it falls within the criteria of selling at a discount. d.Price at purchase: 97.88200 ($978.82)i)Yield: 6.051%ii)Coupon rate: 6%iii)Date to maturity: celestial latitude 1, 2016iv)Premium/discount: presently the bond is selling at a discount. v)Rating: BBBe.Number of bond purchased: 2f.Expected return on investment: If... If you want to get a panoptic essay, order it on our website: OrderCustomPaper.com
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