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You find the following corporate bond quotes. The bond was issued on January 1 5 , 2 0 2 2 . The bonds have a
You find the following corporate bond quotes. The bond was issued on January The bonds have a par value of $ and semiannual coupons.
tableEstimated $Company TickerCoupon,Maturity,Price,Mield toVolume,Xenon Incorporated XICJanuary sKenny Corporation KCCJanuary Williams Company WICJanuary
a What would be the price for the Kenny Corporation bond?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
b What is the current yield of the Kenny Corporation bond?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
a Price
b Current yield
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