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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 Last Last EST $ Vol (Ticker) Coupon Price Yield Maturity Jan 15, 2034 (000's) Xenon, Inc. (XIC) 6.500 94.293 ?? 57,373 Kenny Corp. (KCC) 7.230 ?? 6.24 48,952 Jan 15, 2031 Jan 15, 2037 Williams Co. (WICO) ?? 96.845 6.49 43,813 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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