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In: Business and Management

Submitted By philippatt
Words 1621
Pages 7
(1 page - 8 points)
This is the other core component of the project. It requires concise, constructive writing to accomplish the goal in the limited space suggested. Evaluate the investment outlook for the bond in the current interest rate environment. What is the probability that the bond will be called? Make a recommendation (sell, hold, buy, buy only for aggressive investors) for the bond you analyze. Your recommendation should be based on the bond's different yields, duration, company risk, default risk, interest rate environment, and a comparison of the expected yield with that of other similarly rated bonds in the market.
Use the bond search function at the FINRA site and try to find bonds as close in major characteristics to your bond as you can. If their yields are very different, this may be indication of something very important in your bond. If they are all very close, how would you view the attractiveness of your bond relative to the others? Bonds are not just yield comparisons only, remember, you researched the issuer enough to form an opinion on the company’s health and future prospects. Integrate this information into your yield comparisons as you make the buy, hold sell recommendation.
Executive Summary
(1 page - 5 points)
The executive summary is designed for someone who reads only the first page of the report. Since he is only reading the first page of the report the executive summary should never be more than one page. It should present your principal findings and recommendations in a straightforward and easy-to-read summary. The Executive Summary is the first page of the report (beneath the cover page), but it is the last page you should write.

Executive Summary
Hitachi Ltd., (NYSE: HIT), is a leading global electronics company. It was founded in 1910 and currently employs over 400,000 employees worldwide. Hitachi reported...

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