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6-33 Coupon Rates [LO 2] You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently
6-33 Coupon Rates [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. Estimated $ Volume Company (Ticker) Xenon, Incorporated (XIC) Coupon 5.600 Kenny Corporation (KCC) Williams Company (WICO) 7.140 22 Maturity January 15, 2036 January 15, 2030 January 15, 2032 Last Price Last Yield 94.207 22 (000) 22 57,364 6.06 48,943 94.755 6.88 43,804 What is the coupon rate for the Williams Company bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Coupon rate %
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