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What is the coupon rate for the Williams Co. bond?

What is the coupon rate for the Williams Co. bond? To calculate the number of years until

Question:

What is the coupon rate for the Williams Co. bond?

To calculate the number of years until maturity, assume that it is currently January 15, 2019. All of the bonds have a $2,000 par value and pay semiannual coupons.

Coupon Rate
A coupon rate is the yield paid by a fixed-income security; a fixed-income security's coupon rate is simply just the annual coupon payments paid by the issuer relative to the bond's face or par value. The coupon rate, or coupon payment, is the yield... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...

Transcribed Image Text:

EST $ Vol (000's) Company (Ticker) Coupon Last Yield Maturity Last Price Jan 15, 2024 Jan 15, 2026 Jan 15, 2028 Xenon, Inc. (XIC) 5.400 ?? 57,362 96.153 Kenny Corp. (KCC) Williams Co. (WICO) 7.125 6.02 6.85 ?? 48,941 43,802 ?? 95.165

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Related Book For answer-question

Essentials of Corporate Finance

ISBN: 978-1260013955

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Nov 27, 2019 04:37 AM

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