Calculate the number of years until maturity

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Reference no: EM133577919

Question: You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2022. The bonds have a par value of $2,000 and semiannual coupons.

Company (Ticker) Coupon Maturity Last Price Last Yield Estimated $ Volume (000s)
Xenon, Incorporated (XIC) 6.800 January 15, 2043 94.351 ?? 57,376
Kenny Corporation (KCC) 7.260 January 15, 2037 ?? 6.30 48,955
Williams Company (WICO) ?? January 15, 2039 94.875 7.12 43,816

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

Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

What is the bond's current yield?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

Reference no: EM133577919

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