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
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
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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