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 | Yield | EST $ Vol (000's) |
| Xenon, Inc. (XIC) | 7.300 | Jan 15, 2041 | 94.411 | ?? | 57,381 |
| Kenny Corp. (KCC) | 7.310 | Jan 15, 2038 | ?? | 6.40 | 48,960 |
| Williams Co. (WICO) | ?? | Jan 15, 2045 | 94.925 | 7.22 | 43,821 |
What is the yield to maturity for the bond issued by Xenon, Inc.?
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The Investors Guidebook To Fixed Income Investments
Authors: Stuart R. Veale
1st Edition
0735205310, 978-0735205314
