To calculate the number of years until maturity assume that


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) 5.500 Jan 15, 2021 94.193 ? 57,363 Kenny Corp. (KCC) 7.130 Jan 15, 2018 ? 6.04 48,942 Williams Co. (WICO) ?? Jan 15, 2027 94.745 6.86 43,803

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 $

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

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Financial Management: To calculate the number of years until maturity assume that
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