Problem $6-32$ Bond Prices $[$LO $2]$ Problem $6-32$ Bond Prices $2$

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.

$\backslash$table$[[,,,,],[$Company $($Ticker$),$Coupon,Maturity,Last Price,$],[$Xenon$,$ Incorporated $($XIC$),5\mathrm{.}800,$January $15,2038,94\mathrm{.}231,],[$Kenny Corporation $($KCC$),7\mathrm{.}160,$January $15,2032,??,],[$Williams Company $($WICO$),??,$January $15,2034,94\mathrm{.}775,]]$

a$.$ What price would you expect to pay for the Kenny Corporation bond?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$.$ What is the bond's current yield?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$