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, 2022. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) Yield to maturity Coupon 5.60 7.14 ?? % Maturity January 15, 2036 January 15, 2030 January 15, 2032 Last Price Last Yield 94.207 ?? 6.06 ?? 94.755 6.88 What is the yield to maturity for the bond issued by Xenon, Incorporated? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Estimated $ Volume (000s) 57,364 48,943 43,804

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. What is the yleld to maturity for the bond issued by Xenon, Incorporated? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16