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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
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, 2019. The bonds have a par value of $2,000 and semiannual coupons. Last Price 94.333 Last Yield Company (Ticker) Coupon Xenon, Inc. (XIC) 6.900 Kenny Corp. (KCC) 7.270 Williams Co. (WICO) ?? ?? Maturity Jan 15, 2038 Jan 15, 2035 Jan 15, 2041 EST $ Vol (000's) 57,377 48,956 43,817 ?? 6.32 6.57 96.885 What is the coupon rate for the Williams Co. bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate Coupon todo o %
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