You find the following corporate bond quotes. To calculate the number of years untilmaturity, 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. (KС)Williams Co. (WICO)LastPrice94.267EST $ Vol(000's)57,36948,94843,809LastYieldCoupon6.10719MaturityJan 15, 2032Jan 15, 2029Jan 15, 20367?6.166.987???94.805What is the yield to maturity for the bond issued by Xenon, Inc.? (Do not roundintermediate calculations and enter your answer as a percent rounded to 2 decimalplaces, e.g., 32.16.)Yield to maturity

Yield to maturity- It is the internal rate of return required for the present value of all the…

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 EST $ Vol (000's) 57,369 48,948 43,809 Last Price Last Coupon 6.10 Maturity Jan 15, 2032 Jan 15, 2029 Jan 15, 2036 Yield (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KС) Williams Co. (WICO) 94.267 ?? 719 ?? 6.16 ?? 94.805 6.98 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 EST $ Vol (000's) 57,369 48,948 43,809 Last Price Last Coupon 6.10 Maturity Jan 15, 2032 Jan 15, 2029 Jan 15, 2036 Yield (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KС) Williams Co. (WICO) 94.267 ?? 719 ?? 6.16 ?? 94.805 6.98 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

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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Question

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. (KС)
Williams Co. (WICO)
Last
Price
94.267
EST $ Vol
(000's)
57,369
48,948
43,809
Last
Yield
Coupon
6.10
719
Maturity
Jan 15, 2032
Jan 15, 2029
Jan 15, 2036
7?
6.16
6.98
7?
??
94.805
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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