To calculate the number of years until maturity, assume that it is currently January 15, 2013.   Company (Ticker)CouponMaturityLast PriceLast YieldEST $ Vol (000’s)  Xenon, Inc. (XIC)6.600...

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

 

Company
(Ticker)		CouponMaturityLast
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? (Do not round intermediate calculations.Round your answer to 2 decimal places (e.g., 32.16).)

 

  Price$ [removed]  

 

Requirement 2:

What is the bond’s current yield? (Round your answer to 2 decimal places (e.g., 32.16).)

 

  Current yield[removed] %  
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