You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is current
Posted: Mon Apr 25, 2022 8:54 am
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) 5.60 Kenny Corp. (KCC) 7.14 Williams Co. (WICO) ?? Maturity Jan 15, 2027 Jan 15, 2024 Jan 15, 2031 Last Price 94.207 ?? 94.755 Last Yield ?? 6.06 6.88 EST $ Vol (000's) 57,364 48,943 43,804 What is the yield to maturity for the bond issued by Xenon, Inc.? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity %