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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
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 Xenon, Inc. (XIC) 6.30 Kenny Corp. (KCC) 7.21 Williams Co. (WICO) ?? Maturity Jan 15, 2034 Jan 15, 2031 Jan 15, 2038 Last Price 94.291 ?? 94.825 Last Yield ?? 6.20 7.02 EST $ Vol (000's) 57,371 48,950 43.811 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 3.46 X %
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