You find the following corporate bond quotes. To calculate the number of years until maturity, assume...

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You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Xenon, Inc. (XIC) 6.900 Jan 15, 2038 Kenny Corp. (KCC) 7.270 Jan 15, 2037 Williams Co. EST $ Vol (000's) 57,377 48,956 Last Last Coupon Maturity Price 94.333 ?? Yleld ?? 5.44 ?? Jan 15, 2044 94.885 7.14 43,817 (WICO) a. What price would you expect to pay for the Kenny Corp. bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the bond's current yield? (Do not ro your answer as a percent rounded to 2 decimal places, e.g., 32.16.) intermediate calculations and enter a. Price 中. b. Current yield You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Xenon, Inc. (XIC) 6.900 Jan 15, 2038 Kenny Corp. (KCC) 7.270 Jan 15, 2037 Williams Co. EST $ Vol (000's) 57,377 48,956 Last Last Coupon Maturity Price 94.333 ?? Yleld ?? 5.44 ?? Jan 15, 2044 94.885 7.14 43,817 (WICO) a. What price would you expect to pay for the Kenny Corp. bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the bond's current yield? (Do not ro your answer as a percent rounded to 2 decimal places, e.g., 32.16.) intermediate calculations and enter a. Price 中. b. Current yield

Answer rating: 100% (QA)

If Semi Annual Coupon Nper20372019 payment Number of periods Presn... View the full answer