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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 Xenon, Inc. (XIC) 5.600 Kenny Corp. (KCC) 7.140 Williams Co. (WICO) ?? Maturity Jan 15, 2025 Jan 15, 2022 Jan 15, 2028 Last Price 94.203 ?? 96.755 Last Yield ?? 6.06 6.31 EST $ Vol (000's) 57,364 48,943 43,804 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.) Answer is complete but not entirely correct. Coupon rate 6.10 %
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