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) Hilliams Company (HICO) Coupon 7.200 7.300 27 Coupon rate Maturity January 15, 2039 January 15, 2013 January 15, 2015 Last Price Last Yield 94.399 ?? 6.38 94.915 7,20 Estimated $ Volume 57,380 48,959 43,820 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.
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) Hilliams Company (HICO) Coupon 7.200 7.300 27 Coupon rate Maturity January 15, 2039 January 15, 2013 January 15, 2015 Last Price Last Yield 94.399 ?? 6.38 94.915 7,20 Estimated $ Volume 57,380 48,959 43,820 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.
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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3
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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)
Hilliams Company (HICO)
Coupon
7.200
7.300
77
Coupon rate
Maturity
January 15, 2039
January 15, 2033
January 15, 2035
Last Price Last Yield.
94.399
77
94.915
??
6.38
7,20
Estimated S
Volume
(0000)
57,380
48,959
43,820
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.
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