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what is the price value? 8. Value 2.00 points You find the following corporate bond quotes. To calculate the number of years until maturity, assume
what is the price value?
8. Value 2.00 points You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2016. The bonds have a par value of $2.000 Company (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) Coupon 6.300 7.210 27 Maturity Jan 15, 2029 Jan 15, 2028 Jan 15, 2035 Last Price 94 273 ?? 94825 Last Yield ?? 5.32 7.02 ESTS Vol (000's) 57,371 48,950 43.811 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.) Price 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... 32.16.) Current yield 6. 19% References eBook & Resources Worksheet Learning Objective: 06-02 Describe bond 637 PMStep by Step Solution
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