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15 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
15 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. 1 points Company (Ticker) Coupon Xenon, Inc. (XIC) 5.400 Kenny Corp. (KCC) 7.125 Williams Co. (WICO) ?? Maturity Jan 15, 2024 Jan 15, 2026 Jan 15, 2028 Last Price 96.153 ?? 95.165 Last Yield ?? 6.02 6.85 EST $ Vol (000's) 57,362 48,941 43,802 2 01:55:26 eBook Print References 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 round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Price b. Current yield
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