To calculate the number of years until maturity, assume that it is currently January 15, 2019. All of the bonds have a $2,000 par value and pay semiannual coupons. Company (Ticker) Coupon Xenon, Inc. (XIC) 5.400 Kenny Corp. (KCC) 7.125 Williams Co. ?? WICO) Maturity Jan 15, 2024 Jan 15, 2026 Jan 15, 2028 22161 Last Price 96.153 ?? 95.165 Last Yield ?? 6.02 6.85 EST $ Vol (000's) 57,362 48,941 43,802 What is the yield to maturity for the bond issued by Xenon, Inc.? (Do not round termediate calculations and enter your answer as a percent rounded to 2 decimal

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
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Chapter13: Long-term Liabilities
Section: Chapter Questions
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To calculate the number of years until maturity, assume that it is currently January 15,
2019. All of the bonds have a $2,000 par value and pay semiannual coupons.
Company
(Ticker)
Coupon
Xenon, Inc. (XIC) 5.400
Kenny Corp. (KCC) 7.125
Williams Co.
??
(WICO)
Maturity
Jan 15, 2024
Jan 15, 2026
Jan 15, 2028
Yield to maturity
Last
Price
96.153
??
95.165
%
Last
Yield
??
6.02
6.85
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.)
EST $ Vol
(000's)
57,362
48,941
43,802
Transcribed Image Text:To calculate the number of years until maturity, assume that it is currently January 15, 2019. All of the bonds have a $2,000 par value and pay semiannual coupons. Company (Ticker) Coupon Xenon, Inc. (XIC) 5.400 Kenny Corp. (KCC) 7.125 Williams Co. ?? (WICO) Maturity Jan 15, 2024 Jan 15, 2026 Jan 15, 2028 Yield to maturity Last Price 96.153 ?? 95.165 % Last Yield ?? 6.02 6.85 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.) EST $ Vol (000's) 57,362 48,941 43,802
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