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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, 2019. The bonds
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Coupon Maturity Last Price Last Yield EST $ Vol (000s) Xenon, Inc. (XIC) 5.400 Jan 15, 2023 94.183 ?? 57,362 Kenny Corp. (KCC) 7.125 Jan 15, 2020 ?? 6.02 48,941 Williams Co. (WICO) ?? Jan 15, 2026 96.735 6.28 43,802
What is the coupon rate for the Williams Co. bond? (round two decimal places)
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