To calculate the number of years until maturity, assume that it is currently January 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 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 intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
To calculate the number of years until maturity, assume that it is currently January 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 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 intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 3EB: Smashing Cantaloupes Inc. issued 5-year bonds with a par value of $35,000 and an 8% semiannual...
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