You find the following corporate bond quotes. To calculate the number of years until maturity,...
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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, 2019. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Coupon Xenon, Inc. (XIC) 6.100 Kenny Corp. (KCC) 7.190 Williams Co. (WICO) ?? Maturity Jan 15, 2030 Jan 15, 2027 Jan 15, 2033 Last Price 94.253 ?? 96.805 Last Yield ?? 6.16 6.41 EST $ Vol (000's) 57,369 48,948 43,809 What is the coupon rate for the Williams Co. bond? (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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