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To calculate the number of years until maturity, assume that it is currently January 15 , 2019. All of the bonds have a $2,000 par
To calculate the number of years until maturity, assume that it is currently January 15 , 2019. All of the bonds have a $2,000 par value and pay semiannual coupons. 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.)
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