Question
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) 5.800 Jan 15, 2024 94.223 ?? 57,366
Kenny Corp. (KCC) 7.160 Jan 15, 2021 ?? 6.10 48,945
Williams Co. (WICO) ?? Jan 15, 2027 96.775 6.35 43,806
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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