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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

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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 have a par value of $2,000 and semiannual coupons. Company (Ticker) Coupon Xenon, Inc. (XIC) 7.300 Kenny Corp. (KCC) 7.310 Williams Co. ?? (WICO) Maturity Jan 15, 2042 Jan 15, 2041 Jan 15, 2048 Last Price 94.373 ?? Last Yield ?? 5.52 EST $ Vol (000's) 57,381 48.960 43,821 94.925 7.22 a. 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.) b. What is the bond's current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Price b. Current yield %

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