To calculate the number of years until maturity assume that


You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2016. The bonds have a par value of $2,000. Company (Ticker) Coupon Maturity Last Price Last Yield EST $ Vol (000’s) Xenon, Inc. (XIC) 5.400 Jan 15, 2020 94.183? 57,362 Kenny Corp. (KCC) 7.125 Jan 15, 2017? 6.02 48,941 Williams Co. (WICO)? Jan 15, 2023 96.735 6.28 43,802 What is the coupon rate for the Williams Co. bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate %

Request for Solution File

Ask an Expert for Answer!!
Financial Management: To calculate the number of years until maturity assume that
Reference No:- TGS02370862

Expected delivery within 24 Hours