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 | Last Yield | EST $ Vol (000s) |
| Xenon, Inc. (XIC) | 7.200 | Jan 15, 2040 | 94.399 | ?? | 57,380 |
| Kenny Corp. (KCC) | 7.300 | Jan 15, 2037 | ?? | 6.38 | 48,959 |
| Williams Co. (WICO) | ?? | Jan 15, 2044 | 94.915 | 7.20 | 43,820 |
What is the yield to maturity for the bond issued by Xenon, Inc.? (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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International Financial Reporting Standards This Work Professes To Assist Finance Professionals And Students To Deep Dive Into International With Illustration And Solved Problems
Authors: B D Chatterjee
1st Edition
150108612X, 9781501086120
