Question
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2022. The bonds
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2022. The bonds have a par value of $2,000 and semiannual coupons.
What is the coupon rate for the Williams Company bond?
| Company (Ticker) | Coupon | Maturity | Last Price | Last Yield | Estimated $ Volume (000s) |
|---|---|---|---|---|---|
| Xenon, Incorporated (XIC) | 6.600 | January 15, 2045 | 94.327 | ?? | 57,374 |
| Kenny Corporation (KCC) | 7.240 | January 15, 2039 | ?? | 6.26 | 48,953 |
| Williams Company (WICO) | ?? | January 15, 2041 | 94.855 | 7.08 | 43,814 |
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Interest Rate Swaps And Their Derivatives A Practitioners Guide
Authors: Amir Sadr
1st Edition
0470443944, 978-0470443941
