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) Williams Company (WICO) Coupon 6.30 7.21 ?? Yield to maturity Maturity January 15, 2043 January 15, 2037 January 15, 2039 % Last Price Last Yield 94.291 ?? 6.20 ?? 94.825 7.02 What is the yield to maturity for the bond issued by Xenon, Incorporated? 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) 57,371 48,950 43,811 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 (7icker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) Coupon 6.30 7.21 77 Yield to maturity Maturity January 15, 2043 January 15, 2037 January 15, 2039 Last Price Last Yield 94.291 77 22 6.20 94.825 7.02 Estimated $ Volume (000m) 57,371 48,950 43,811 What is the yield to maturity for the bond issued by Xenon, Incorporated? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
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) Williams Company (WICO) Coupon 6.30 7.21 ?? Yield to maturity Maturity January 15, 2043 January 15, 2037 January 15, 2039 % Last Price Last Yield 94.291 ?? 6.20 ?? 94.825 7.02 What is the yield to maturity for the bond issued by Xenon, Incorporated? 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) 57,371 48,950 43,811 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 (7icker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) Coupon 6.30 7.21 77 Yield to maturity Maturity January 15, 2043 January 15, 2037 January 15, 2039 Last Price Last Yield 94.291 77 22 6.20 94.825 7.02 Estimated $ Volume (000m) 57,371 48,950 43,811 What is the yield to maturity for the bond issued by Xenon, Incorporated? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
Chapter6: Fixed-income Securities: Characteristics And Valuation
Section: Chapter Questions
Problem 13P
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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, 2022. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker)
Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) Coupon 6.30 7.21 ?? Yield to
maturity Maturity January 15, 2043 January 15, 2037 January 15, 2039 % Last Price Last Yield 94.291 ?? 6.20
?? 94.825 7.02 What is the yield to maturity for the bond issued by Xenon, Incorporated? 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) 57,371 48,950 43,811
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)
Williams Company (WICO)
Coupon
6.30
7.21
77
Yield to maturity
Maturity
January 15, 2043
January 15, 2037
January 15, 2039
%
Last Price Last Yield
94.291
27
22
6.20
94.825
7.02
Estimated
$ Volume
(000)
57,371
What is the yield to maturity for the bond issued by Xenon, Incorporated?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
48,950
43,811
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