You find the following corporate bond quotes. To calculate the number of years until maturity,...

80.2K

Verified Solution

Question

Finance

image

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) 7.00 Kenny Corp. (KCC) 7.28 Williams Co. (WICO) ?? Maturity Jan 15, 2041 Jan 15, 2038 Jan 15, 2045 Last Price 94.375 ?? 94.895 Last Yield ?? 6.34 7.16 EST $ Vol (000's) 57,378 48,957 43,818 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 %

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students