Wal-mart has 20b of 62 bonds outstanding what is the issues


Information: Wal-Mart has $2.0B of 6.2% bonds outstanding.  Using the following information, answer each part to this problem.

a. What is the issue's maturity date?

c. When is interest paid?   (Already GIVEN) 15-Apr  and 15-Oct

d. Briefly describe why this bond is selling at a premium? '

e. What is the current price of this bond?

f. Using data above, compute its yield-to-maturity.

g. Using data above, compute its current yield.

h. Is the bond callable? Yes or no.

Please provide calculations.

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Financial Management: Wal-mart has 20b of 62 bonds outstanding what is the issues
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