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) 6.30 Maturity January 15, 2043 Kenny Corporation (KCC) 7.21 Williams Company (WICO) ?? January 15, 2037 January 15, 2039 Last Price Last Yield 94.291 ?? 94.825 (000s) ?? 57,371 6.20 48,950 7.02 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. 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 2022. The bonds have a par value of $2,000 and semiannual coupons. Estimated $ Volume Company (Ticker)" Coupon Xenon, Incorporated (XIC) 6.30 Maturity January 15, 2043 Kenny Corporation (KCC) 7.21 Williams Company (WICO) ?? January 15, 2037 January 15, 2039 Last Price Last Yield 94.291 ?? 94.825 (000s) ?? 57,371 6.20 48,950 7.02 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. Yield to maturity %
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,
2022. The bonds have a par value of $2,000 and semiannual coupons.
Estimated
$ Volume
Company (Ticker)"
Xenon, Incorporated (XIC)
Coupon
6.30
Maturity
January 15, 2043
Kenny Corporation (KCC)
Williams Company (WICO)
7.21
??
January 15, 2037
January 15, 2039
Last Price Last Yield
94.291
??
(000s)
??
57,371
6.20
48,950
94.825
7.02
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.
Yield to maturity
%"
Transcribed Image Text:es
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)"
Xenon, Incorporated (XIC)
Coupon
6.30
Maturity
January 15, 2043
Kenny Corporation (KCC)
Williams Company (WICO)
7.21
??
January 15, 2037
January 15, 2039
Last Price Last Yield
94.291
??
(000s)
??
57,371
6.20
48,950
94.825
7.02
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.
Yield to maturity
%
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