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. Estimated $ Volume Company (Ticker) Coupon Xenon, Incorporated (XIC) 5.600 Kenny Corporation (KCC) 7.140 Williams Company (WICO) ?? Maturity January 15, 2036 January 15, 2030 January 15, 2032 Last Price Last Yield 94.207 ?? (000s) ?? 57,364 6.06 48,943 94.755 6.88 43,804 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. Coupon rate %

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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.
Estimated
$ Volume
Company (Ticker)
Coupon
Xenon, Incorporated (XIC)
5.600
Kenny Corporation (KCC)
7.140
Williams Company (WICO)
??
Maturity
January 15, 2036
January 15, 2030
January 15, 2032
Last Price Last Yield
94.207
??
(000s)
??
57,364
6.06
48,943
94.755
6.88
43,804
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.
Coupon rate
%
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. Estimated $ Volume Company (Ticker) Coupon Xenon, Incorporated (XIC) 5.600 Kenny Corporation (KCC) 7.140 Williams Company (WICO) ?? Maturity January 15, 2036 January 15, 2030 January 15, 2032 Last Price Last Yield 94.207 ?? (000s) ?? 57,364 6.06 48,943 94.755 6.88 43,804 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. Coupon rate %
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