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) | 6.700 | Jan 15, 2033 | 94.313 | ?? | 57,375 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kenny Corp. (KCC) | 7.250 | Jan 15, 2032 | ?? | 5.40 | 48,954 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Williams Co. (WICO) | ?? | Jan 15, 2039 | 94.865 | 7.10 | 43,815 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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.) Price $
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000.
In the above table, find the Treasury bond that matures in May 2024. What is the coupon rate for this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate %
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.
What is the coupon rate for the Williams Co. bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate % |
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