$5$

points

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Problem $6-31$ Bond Yields $[$LO $2]$

You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January $15,2022.$ The bonds have a par value of $$2,000$ and semiannual coupons.

Company $($Ticker$)$ Coupon Maturity Last Price Last Yield Estimated $ Volume $(000$s$)$

Xenon, Incorporated $($XIC$)7\mathrm{.}10$ January $15,204094\mathrm{.}387??$question mark $57,379$

Kenny Corporation $($KCC$)7\mathrm{.}29$ January $15,2034??$question mark $6\mathrm{.}3648,958$

Williams Company $($WICO$)??$question mark January $15,203694\mathrm{.}9057\mathrm{.}1843,819$

What is the yield to maturity for the bond issued by Xenon, Incorporated?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$ Problem $6-31$ Bond Yields LO $2]$

You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January $15,$

The bonds have a par value of $$2,000$ and semiannual coupons.

What is the yield to maturity for the bond issued by Xenon, Incorporated?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$