Question: This is the complete questions. Problem 6-32 Bond Prices [LO 2] You find the following corporate bond quotes. To calculate the number of years until
This is the complete questions.
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, 2016. The bonds have a par value of $2,000. Company (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) Coupon 5.600 7.140 ?? Maturity Jan 15, 2022 Jan 15, 2021 Jan 15, 2028 Last Price 94.203 ?? 94.755 Last Yield ?? 5.18 6.88 EST $ Vol (000's) 57,364 48,943 43,804 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.) Price $ What is the bond's current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32. 16.) Current yield %
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