To calculate the number of years until maturity, assume that it is currently January 15, 2019. All of the bonds have a $2,000 par value and pay semiannual coupons. Company (Ticker) Coupon Xenon, Inc. (XIC) 5.400 Kenny Corp. (KCC) 7.125 Williams Co. ?? WICO) Maturity Jan 15, 2024 Jan 15, 2026 Jan 15, 2028 22161 Last Price 96.153 ?? 95.165 Last Yield ?? 6.02 6.85 EST $ Vol (000's) 57,362 48,941 43,802 What is the yield to maturity for the bond issued by Xenon, Inc.? (Do not round termediate calculations and enter your answer as a percent rounded to 2 decimal
To calculate the number of years until maturity, assume that it is currently January 15, 2019. All of the bonds have a $2,000 par value and pay semiannual coupons. Company (Ticker) Coupon Xenon, Inc. (XIC) 5.400 Kenny Corp. (KCC) 7.125 Williams Co. ?? WICO) Maturity Jan 15, 2024 Jan 15, 2026 Jan 15, 2028 22161 Last Price 96.153 ?? 95.165 Last Yield ?? 6.02 6.85 EST $ Vol (000's) 57,362 48,941 43,802 What is the yield to maturity for the bond issued by Xenon, Inc.? (Do not round termediate calculations and enter your answer as a percent rounded to 2 decimal
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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