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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 have a par value of $2,000 and semiannual coupons. Company (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) Last Price 94.195 ?? 94.745 EST $ Vol (000's) 57,363 48,942 43,803 Last Coupon 5.50 7.13 ?? Maturity Jan 15, 2026 Jan 15, 2023 Jan 15, 2030 Yield ?? 6.04 6.86 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

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) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) Last Price 94.195 ?? 94.745 EST $ Vol (000's) 57,363 48,942 43,803 Last Coupon 5.50 7.13 ?? Maturity Jan 15, 2026 Jan 15, 2023 Jan 15, 2030 Yield ?? 6.04 6.86 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

Essentials Of Investments
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
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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 have a par value of $2,000 and semiannual coupons. Last Company (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) EST $ Vol (000's) 57,363 48,942 43,803 Last Coupon 5.50 Maturity Jan 15, 2026 Jan 15, 2023 Jan 15, 2030 Price Yield ?? 6.04 6.86 94.195 ?? 7.13 ?? 94.745 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 %
Transcribed Image Text: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. Last Company (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) EST $ Vol (000's) 57,363 48,942 43,803 Last Coupon 5.50 Maturity Jan 15, 2026 Jan 15, 2023 Jan 15, 2030 Price Yield ?? 6.04 6.86 94.195 ?? 7.13 ?? 94.745 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 %
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