Question
Use the following corporate bond quotes to answer the question: To calculate the number of years until maturity, assume that it is currently January 15,
Use the following corporate bond quotes to answer the question: To calculate the number of years until maturity, assume that it is currently January 15, 2013.
| Company Ticker | Coupon | Maturity | Last Price | Last Yield | EST $ Vol (000's) |
| Xenon, INC (XIC) | 6.70 | January 15, 2033 | 94.313 | ?? | 57,375 |
| Kenny Corp (KCC) | 7.25 | January 15, 2030 | ?? | 6.28 | 48,954 |
| Williams CO, (WICO) | ?? | January 15, 2039 | 94.865 | 7.10 | 43,815 |
a. What is the yield to maturity for the bond issued by Xenon, Inc.?
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Finance With Monte Carlo
Authors: Ronald W. Shonkwiler
2013th Edition
146148510X, 978-1461485100
