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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, 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) 7.200 Jan 15, 2038 94.363 ?? 57,380 Kenny Corp. (KCC) 7.300 Jan 15, 2037 ?? 5.50 48,959 Williams Co. (WICO) ?? Jan 15, 2044 94.915 7.20 43,820 What price would you expect to pay for the Kenny Corp. bond?
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