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You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019. The bonds

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You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019. The bonds have a par value of $2,000 and semiannual coupons. Company Last Last EST $ Vol (Ticker) Coupon Maturity Price Yield (000's) Xenon, Inc. (XIC) 5.90 Jan 15, 2030 94.243 ?? 57,367 Kenny Corp. (KCC) 7.17 Jan 15, 2027 ?? 6.12 48,946 Williams Co. (WICO) ?? Jan 15, 2034 94.785 6.94 43,807 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.) Answer is complete but not entirely correct. Yield to maturity 3.49 X % You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Coupon Maturity Xenon, Inc. (XIC) 7.200 Jan 15, 2041 Kenny Corp. (KCC) 7.300 Jan 15, 2040 Williams Co. ?? Jan 15, 2047 (WICO) Last Price 94.363 ?? Last Yield ?? 5.50 EST $ Vol (000's) 57,380 48,959 43,820 94.915 7.20 a. 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.) b. 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.g., 32.16.) $ a. Price b. Current yield 2,148.88 3.10 %

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