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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
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. Estimated $ Volume Company (Ticker) Coupon Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) 5.80 Maturity January 15, 2038 7.16 ?? January 15, 2032 January 15, 2034 Last Price Last Yield 94.231 ?? 94.775 (000s) ?? 6.10 57,366 48,945 6.92 43,806 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. Yield to maturity %
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