What price would you expect to pay for the kenny corp bond

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Reference no: EM131234891

To calculate the number of years until maturity, assume that it is currently January 15, 2013.

Company (Ticker)

Coupon

Maturity

Last Price

Last Yield

EST $ Vol (000's)

Xenon, Inc. (XIC)

6.600

Jan 15, 2032

94.303

??

57,374

Kenny Corp. (KCC)

7.240

Jan 15, 2029

??

6.26

48,953

Williams Co. (WICO)

??

Jan 15, 2038

94.855

7.08

43,814

Requirement 1:

What price would you expect to pay for the Kenny Corp. bond?

Requirement 2:

What is the bond's current yield?

Reference no: EM131234891

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