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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. Company (Ticker) Last Last EST $ Vol Coupon Xenon, Inc. (XIC) 5.400 Maturity Jan 15, 2024 Price Yield (000's) 96.153 ?? 57,362 Kenny Corp. (KCC) 7.125 Jan 15, 2026 ?? 6.02 48,941 Williams Co. (WICO) ?? Jan 15, 2028 95.165 6.85 43,802 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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