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Problem 6-32 Bond Prices [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 6-32 Bond Prices [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) 6.500 Kenny Corp. (KCC) 7.230 Williams Co. ?? (WICO) ??? Last Price 94.293 . ?? Maturity Jan 15, 2034 Jan 15, 2033 Jan 15, 2040 EST $ Vol (000's) 57,373 48,952 43,813 5.36 94.845 7.06 a. What price would you expect to pay for the Kenny Corp. bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the bond's current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Price b. Current yield

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