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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 and the
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019 and the bonds have a par value of $2,000. Company (Ticker) Coupon Xenon, Inc. (XIC) 6.10 Kenny Corp. (KCC) 7.19 Williams Co. (WICO) ?? Maturity Jan 15, 2032 Jan 15, 2029 Jan 15, 2036 Last Price 94.267 ?? 94.805 Last Yield ?? 6.16 6.98 EST $ Vol. (000's) 57,369 48,948 43,809 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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