Question
To calculate the number of years until maturity, assume that it is currently January 15, 2019. All of the bonds have a $1,000 par value
To calculate the number of years until maturity, assume that it is currently January 15, 2019. All of the bonds have a $1,000 par value and pay semiannual coupons:
| Company (Ticker) | Coupon Rate | Maturity | Last Price | Last Yield | EST $ Vol (000s) |
| Xenon, Inc. | 5.400 | Jan 15, 2024 | 96.153 | ?? | 57,362 |
| Kenny Corp. | 7.00 | Jan 15, 2026 | ?? | 6.02 | 48,941 |
| Williams Co. | ?? | Jan 15, 2028 | 95.5 | 6 | 43,802 |
a) What is the coupon rate on the Williams Co bond?
b) What is the last price on the Kenny Corp bond?
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Introduction To Financial Models For Management And Planning
Authors: James R Morris, John P Daley
2nd Edition
1498765041, 9781498765046
