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Problem 6-31 Bond Yields (LO 2] You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is

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Problem 6-31 Bond Yields (LO 2] You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019. The bonds have a par value of $2,000 and semiannual coupons. Last Yield Company (Ticker) Coupon Xenon, Inc. (XIC) 7.10 Kenny Corp. (KCC) 7.29 Williams Co. (WICO) ?? Last Price 94.387 ?? 94.905 Maturity Jan 15, 2042 Jan 15, 2039 Jan 15, 2046 ?? EST $ Vol (000's) 57,379 48,958 43,819 6.36 7.18 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

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