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 $2,000 and semiannual coupons.Company (Ticker)Xenon, Incorporated (XIC)Kenny Corporation (KCC)Williams Company (WICO)Yield to maturityCoupon6.807.26??%MaturityJanuary 15, 2043January 15, 2037January 15, 2039Last Price Last Yield94.351????6.3094.8757.12What is the yield to maturity for the bond issued by Xenon, Incorporated?Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.Estimated$ Volume(000s)57,37648,95543,816

Yield to maturity is the total return an investor has earned by holding the bond until its maturity.…

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) Maturity January 15, 2043 January 15, 2037 January 15, 2039 Williams Company (WICO) What is the yield to maturity for the bond issued by Xenon, Incorporated? Coupon 6.80 7.26 ?? Last Price Last Yield 94.351 ?? 6.30 ?? 94.875 7.12 Estimated $ Volume (000s) 57,376 48,955 43,816

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) Maturity January 15, 2043 January 15, 2037 January 15, 2039 Williams Company (WICO) What is the yield to maturity for the bond issued by Xenon, Incorporated? Coupon 6.80 7.26 ?? Last Price Last Yield 94.351 ?? 6.30 ?? 94.875 7.12 Estimated $ Volume (000s) 57,376 48,955 43,816

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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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 rate Coupon 7.000 7.280 ?? % Maturity January 15, 2041 January 15, 2035 January 15, 2037 Last Price Last Yield 94.375 ?? 94.895 ?? 6.34 7.16 Estimated $ Volume (000s) 57,378 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. 48,957 43,818

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