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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, 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) 7.300 Jan 15, 2039 94.373 ??

57,381

Kenny Corp. (KCC) 7.310 Jan 15, 2038 ?? 5.52 48,960
Williams Co. (WICO) ?? Jan 15, 2045 94.925 7.22

43,821

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 $ What is the bonds current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Current yield %

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