Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected relative to the 5%. Is the bond selling at a premium or a discount? Why? Be sure to show how you arrived at your answer. What other factors may influence the value of a bond?
Issuer Name 21ST CENTY FOX AMER INC
Symbol NWS4232223
Callable
Sub-Product Type Corporate Bond
Coupon 7.750
Ratings
Maturity 02/01/2024
Moody Baa1
S&P Fitch
Last Sale
Price 121.243
Yield 4.271