List their coupon, maturity, ratings (Moody and S&P), Last price and Yield
Apple (AAPL4538815)
-Coupon rate: 1.500%
-Maturity date: 9/12/2019
-Ratings Moody: Aa1
-Ratings S&P: AA+
-Last price: $99.210
-Yield: 1.952
Motorola Solutions Inc (MSI3702010)
-Coupon rate: 7.500%
-Maturity date: 5/15/2025
-Ratings Moody: Baa3
-Ratings S&P: BBB-
-Last price: $120.396
-Yield: 4.273
Microsoft Corp (MSFT.GB)
-Coupon rate: 4.200%
-Maturity date: 6/01/2019
-Ratings Moody: Aaa
-Ratings S&P: AAA
-Last price: $103.200
-Yield: 2.023
1. Calculate their yields using price and check whether you get the same yields as listed.
2. Use current interest rate with the same maturity as those bonds to price these bonds. Are they premium, par or discount bonds?