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 EST $ Vol (000's) 57,369 48,948 43,809 Last Price Last Coupon 6.10 Maturity Jan 15, 2032 Jan 15, 2029 Jan 15, 2036 Yield (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KС) Williams Co. (WICO) 94.267 ?? 719 ?? 6.16 ?? 94.805 6.98 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

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Chapter13: Long-term Liabilities
Section: Chapter Questions
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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)
Xenon, Inc. (XIC)
Kenny Corp. (KС)
Williams Co. (WICO)
Last
Price
94.267
EST $ Vol
(000's)
57,369
48,948
43,809
Last
Yield
Coupon
6.10
719
Maturity
Jan 15, 2032
Jan 15, 2029
Jan 15, 2036
7?
6.16
6.98
7?
??
94.805
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
Transcribed Image Text: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) Xenon, Inc. (XIC) Kenny Corp. (KС) Williams Co. (WICO) Last Price 94.267 EST $ Vol (000's) 57,369 48,948 43,809 Last Yield Coupon 6.10 719 Maturity Jan 15, 2032 Jan 15, 2029 Jan 15, 2036 7? 6.16 6.98 7? ?? 94.805 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
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