Problem 6-33 Coupon Rates [LO 2] You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2022. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Willians Company (WICO) Coupon rate i Coupon 5.700 % 7.150 77 Maturity January 15, 2037 January 15, 2031 January 15, 2033 Last Price Last Yield 94.219 77 77 6.08 94.765 6.90 Estimated s Volume What is the coupon rate for the Williams Company bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. (000s). 57,365 48,944 43,805

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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Problem 6-33 Coupon Rates [LO 2]
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15,
2022. The bonds have a par value of $2,000 and semiannual coupons.
Company (Ticker)
Xenon, Incorporated (XIC)
Kenny Corporation (KCC)
Willians Company (WICO)
Coupon
5.700
7.150
??
Coupon rate
Maturity
January 15, 2037
January 15, 2031
January 15, 2033
Last Price Last Yield
??
94.219
??
6.08
94.765
6.90
Estimated
5 Volume
(000s)
57,365
48,944
43,805
What is the coupon rate for the Williams Company bond?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
Transcribed Image Text:Problem 6-33 Coupon Rates [LO 2] You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2022. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Willians Company (WICO) Coupon 5.700 7.150 ?? Coupon rate Maturity January 15, 2037 January 15, 2031 January 15, 2033 Last Price Last Yield ?? 94.219 ?? 6.08 94.765 6.90 Estimated 5 Volume (000s) 57,365 48,944 43,805 What is the coupon rate for the Williams Company bond? Note: 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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