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Problem 6-33 Coupon Rates [LO 2] You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it

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Problem 6-33 Coupon Rates [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. Estimated $ Volume Company (Ticker) Xenon, Incorporated (XIC) Coupon Kenny Corporation (KCC) Williams Company (WICO) 6.900 7.270 ?? Maturity January 15, 2042 January 15, 2036 January 15, 2038 Last Price Last Yield 94.363 ?? 94.885 (000s) ?? 6.32 57,377 48,956 7.14 43,817 What is the coupon rate for the Williams Company bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. Coupon rate 7.14%

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