Question
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
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) | Coupon | Maturity | LastPrice | LastYield | ESTValue(000's) |
| Xenon, Inc (XIC) | 5400 | Jan 15, 2024 | 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?
b. What is the bond's current yield?
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Real Estate Finance De Limmobilier
Authors: Thomas, Philippe, Romanet Perroux, Arnaud
1st Edition
2863255991, 9782863255995
