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) 6.200 Jan 15, 2028 94.263 ?? 57,370 Kenny Corp. (KCC) 7.200 Jan 15, 2027 ?? 5.30 48,949 Williams Co. (WICO) ?? Jan 15, 2034 94.815 7.00 43,810 What price would you expect to pay for the Kenny Corp. bond?
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Financial Management In Construction Contracting
Authors: Andrew Ross, Peter Williams
1st Edition
1405125063, 9781405125062
