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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 (Ticker) | Coupon | Maturity | Last Price | Last Yield | EST $ Vol (000s) |
| Xenon, Inc. (XIC) | 6.100 | Jan 15, 2030 | 94.253 | ?? | 57,369 |
| Kenny Corp. (KCC) | 7.190 | Jan 15, 2029 | ?? | 5.28 | 48,948 |
| Williams Co. (WICO) | ?? | Jan 15, 2036 | 94.805 | 6.98 | 43,809 |
| 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 bonds current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
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