Question
To calculate the number of years until maturity, assume that it is currently January 15, 2022. All of the bonds have a $2,000 par value
To calculate the number of years until maturity, assume that it is currently January 15, 2022. All of the bonds have a $2,000 par value and pay semiannual coupons.
Company (Ticker) | Coupon | Maturity | Last Price | Last Yield | Estimated $ Volume (000s) |
Xenon | 5.400 | January 15, 2034 | 92.685 | ?? | 57,362 |
Kenny Corporation | 4.125 | January 15, 2029 | ?? | 3.84 | 48,941 |
Williams Company | ?? | January 15, 2031 | 104.310 | 4.12 | 43,802 |
A) What is the yield to maturity for the bond issued by Xenon, Incorporated? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
B) What price would you expect to pay for the Kenny Corporation bond?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
C) What is the bonds current yield?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
D) 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.
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