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Please show all work You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January
Please show all work
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. Last Yield Company (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) Coupon 5.500 7.130 ?? Maturity Jan 15, 2023 Jan 15, 2020 Dan 15, 2027 Last Price 94.195 ?? 94.745 EST $ Vol (200's) 57, 363 48,942 43,803 6.04 6.86 What is the yield to maturity for the bond issued by Xenon, Inc.? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Yield to maturity 96Step by Step Solution
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