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) | 7.100 | Jan 15, 2037 | 94.353 | ?? | 57,379 |
| Kenny Corp. (KCC) | 7.290 | Jan 15, 2036 | ?? | 5.48 | 48,958 |
| Williams Co. (WICO) | ?? | Jan 15, 2043 | 94.905 | 7.18 | 43,819 |
What price would you expect to pay for the Kenny Corp. bond?
What is the bonds current yield?
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The Handbook Of Traditional And Alternative Investment Vehicles Investment Characteristics And Strategies
Authors: Mark J. P. Anson, Frank J. Fabozzi, Frank J. Jones
1st Edition
0470609737, 978-0470609736
