To calculate the number of years until maturity, assume that it is currently January 15, 2022. All of the bonds have a $2,000 par value and pay semiannual coupons. Company (Ticker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) Coupon rate Coupon 5.400 4.125 ?? % Maturity January 15, 2034 January 15, 2029 January 15, 2031 Last Price Last Yield ?? 92.685 ?? 104.310 3.84 4.12 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. Estimated $ Volume (000s) 57,362 48,941 43,802
To calculate the number of years until maturity, assume that it is currently January 15, 2022. All of the bonds have a $2,000 par value and pay semiannual coupons. Company (Ticker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) Coupon rate Coupon 5.400 4.125 ?? % Maturity January 15, 2034 January 15, 2029 January 15, 2031 Last Price Last Yield ?? 92.685 ?? 104.310 3.84 4.12 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. Estimated $ Volume (000s) 57,362 48,941 43,802
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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To calculate the number of years until maturity, assume that it is currently January 15, 2022. All of the bonds have a $2,000 par value
and pay semiannual coupons.
Company (Ticker)
Xenon, Incorporated (XIC)
Kenny Corporation (KCC)
Williams Company (WICO)
Coupon rate
Coupon
5.400
4.125
??
%
Maturity
January 15, 2034
January 15, 2029
January 15, 2031
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.
Prev
Last Price Last Yield
??
92.685
??
3.84
104.310
4.12
T
Estimated
$ Volume
(000s)
57,362
48,941
43,802
5 of 15
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