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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, 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. Company (Ticker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) Coupon 6.20 7.20 ?? Yield to maturity Maturity January 15, 2042 January 15, 2036 January 15, 2038 % Last Price Last Yield 94.279 ?? 94.815 ?? 6.18 7.00 Estimated $ Volume What is the yield to maturity for the bond issued by Xenon, Incorporated? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. (000s) 57,370 48,949 43,810
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