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LO2 30. Coupon Rates Find the Treasury bond that matures in May 2029. What is the coupon rate for this bond? Use the following corporate
LO2 30. Coupon Rates Find the Treasury bond that matures in May 2029. What is the coupon rate for this bond? Use the following corporate bond quotes to answer Questions 31-33: To calculate the number of years until maturity, assume that it is currently January 15, 2022. All of the bonds have a $2,000 par value and pay semiannual coupons. Company (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) Coupon 5.400 4.125 ?? Maturity Jan 15, 2034 Jan 15, 2029 Jan 15, 2031 Last Price 92.685 ?? 104.310 Last Yield ?? 3.84 4.12 Est $ Vol (000s) 57,362 48,941 43,802
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