Question
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
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) | Coupon | Maturity | Last Price | Last Yield | EST $ Vol (000s) |
| Xenon, Inc. (XIC) | 6.600 | Jan 15, 2034 | 94.327 | ?? | 57,374 |
| Kenny Corp. (KCC) | 7.240 | Jan 15, 2031 | ?? | 6.26 | 48,953 |
| Williams Co. (WICO) | ?? | Jan 15, 2038 | 94.855 | 7.08 | 43,814 |
What is the yield to maturity for the bond issued by Xenon, Inc.? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity %
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The Handbook Of Hybrid Securities Convertible Bonds CoCo Bonds And Bail In
Authors: Jan De Spiegeleer, Wim Schoutens, Cynthia Van Hulle
1st Edition
1118449991, 978-1118449998
