Problem $6-32$ Bond Prices $[$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.

$\backslash$table$[[,,,,,],[$Estimated $$,,,,,],[$Company $($Ticker$),$Coupon,Maturity,Last Price,Last Yield,Volume$],[(000$s$),,,,,]]$

a$.$ What price would you expect to pay for the Kenny Corporation bond?

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

b$.$ What is the bond's current yield?

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

$\backslash$table$[[$a$.$ Price,$$,2,205\mathrm{.}95$