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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

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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 have a par value of $2,000 and semiannual coupons. Company (Ticker) Coupon Maturity Xenon, Inc. (XIC) 6.000 Jan 15, 2029 Kenny Corp. (KCC) 7.180 Jan 15, 2028 Williams Co. ?? Jan 15, 2035 (WICO) Last Price 94.243 ?? Last Yield ?? 5.26 EST $ Vol (000's) 57,368 48,947 43,808 94.795 6.96 a. What price would you expect to pay for the Kenny Corp. bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the bond's current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Price b. Current yield %

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