a. 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. b. 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.
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- es 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. Estimated $ Volume Company (Ticker)" Xenon, Incorporated (XIC) Coupon 6.30 Maturity January 15, 2043 Kenny Corporation (KCC) Williams Company (WICO) 7.21 ?? January 15, 2037 January 15, 2039 Last Price Last Yield 94.291 ?? (000s) ?? 57,371 6.20 48,950 94.825 7.02 43,811 What is the yield to maturity for the bond issued by Xenon, Incorporated? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Yield to maturity %To calculate the number of years until maturity, assume that it is currently January 15, 2019. All of the bonds have a $2,000 par value and pay semiannual coupons. Company (Ticker) Coupon Xenon, Inc. (XIC) 5.400 Kenny Corp. (KCC) 7.125 Williams Co. ?? (WICO) Maturity Jan 15, 2024 Jan 15, 2026 Jan 15, 2028 Yield to maturity Last Price 96.153 ?? 95.165 % Last Yield ?? 6.02 6.85 What is the yield to maturity for the bond issued by Xenon, Inc.? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) EST $ Vol (000's) 57,362 48,941 43,802It is now June 1, 2023. Consider the following corporate bonds. Bond Bank of Naboo Bond Mongo Co. Bond Krypton Limited Bond Coupon Rate 8% ??? ??? Maturity Date June 1, 2028 January 1, 2030 June 1, 2048 Semiannual Coupon Payment Per $100 of Face Value ??? $3.00 $0 Price Per $100 of Face Value ??? ??? $22.810708 It is now June 1, 2023. Calculate the entries missing from the above table. Yield to Maturity Annual Rate, Compounded Semi-annually 5.50% 5.00% ???
- 3 To calculate the number of years until maturity, assume that it is currently January 15, 2022. All of the bonds have a $2,000 par value and pay semiannual coupons. Company (Ticker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) Coupon rate Coupon 5.400 4.125 ?? % Maturity January 15, 2034 January 15, 2029 January 15, 2031 What is the coupon rate for the Williams Company bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Prev Last Price Last Yield ?? 92.685 ?? 3.84 104.310 4.12 T Estimated $ Volume (000s) 57,362 48,941 43,802 5 of 15 Next >ces 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) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (ICO) Coupon 6.100 Coupon rate 7.190 ?? Maturity January 15, 2041 January 15, 2035 January 15, 2037 Last Price Last Yield 94.267 ?? ?? 6.16 94.805 6.98 Estimated $ Volume (000s) 57,369 48,948 43,009 What is the coupon rate for the Williams Company bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.Use the following corporate bond quotes to answer Questions 31-33: To calculate the number of years until maturity, assume that it is currently January 15, 2022. All of the bonds have a $2,000 par value and pay semiannual coupons. Company (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) LO2 31. LO2 32. Coupon Maturity 5.400 Jan 15, 2034 4.125 Last Price 92.685 Jan 15, 2029 ?? Jan 15, 2031 104.310 ?? Last Yield ?? 3.84 4.12 Bond Yields What is the yield to maturity for the bond issued by Xenon, Inc.? Bond Prices What price would you expect to pay for the Kenny Corp. bond? What is the bond's current yield? Est $ Vol (000s) 57,362 48,941 43,802 Page 207
- You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019. The bonds have a par value of $2,000 and semiannual coupons. Company(Ticker) Coupon Maturity LastPrice LastYield EST $ Vol(000’s) Xenon, Inc. (XIC) 6.600 Jan 15, 2035 94.303 ?? 57,374 Kenny Corp. (KCC) 7.240 Jan 15, 2034 ?? 5.38 48,953 Williams Co. (WICO) ?? Jan 15, 2041 94.855 7.08 43,814 a. What price would you expect to pay for the Kenny Corp. bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the bond’s current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)D ook 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. Estimated $ Volume Company (Ticker) Coupon Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) 5.700 7.150 ?? Maturity January 15, 2037 January 15, 2031 January 15, 2033 Last Price Last Yield 94.219 ?? (000s) ?? 57,365 6.08 48,944 94.765 6.90 43,805 What is the coupon rate for the Williams Company bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. nt Coupon rate ences %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. Estimated $ Volume Company (Ticker) Coupon Xenon, Incorporated (XIC) Kenny Corporation (KCC) 6.500 Williams Company (WICO) 7.230 ?? Maturity January 15, 2045 January 15, 2039 January 15, 2041 Last Price Last Yield 94.315 ?? (000s) ?? 57,373 6.24 48,952 94.845 7.06 43,813 What is the coupon rate for the Williams Company bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Coupon rate %
- 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. Estimated $ Volume Company (Ticker) Xenon, Incorporated (XIC) Coupon 5.50 Kenny Corporation (KCC) Williams Company (WICO) 7.13 ?? Maturity January 15, 2035 January 15, 2029 January 15, 2031 Last Price Last Yield 94.195 ?? 94.745 (000s) ?? 57,363 6.04 48,942 6.86 43,803 What is the yield to maturity for the bond issued by Xenon, Incorporated? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Yield to maturity %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 $2,000 and semiannual coupons. \table[[Company (Ticker),Coupon,Maturity,Last Price,Last Yield,\table[[Estimated],[$ Volume],[(000s)]]],[Xenon, Incorporated (XIC),6.60,January 15, 2045,94.327,??,57,374],[Kenny Corporation (KCC),7.24,January 15, 2039,??,6.26,48,953],[Williams Company (WIC0),??,January 15, 2041,94.855,7.08,43,814]] What is the yield to maturity for the bond issued by Xenon, Incorporated? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Yield to maturityTo calculate the number of years until maturity, assume that it is currently May 2019. All of the bonds have a $1,000 par value and pay semiannual coupons. Maturity Mo/Yr Ask Yld Rate Asked 103.5362 103.8235 Bid Chg +.3204 ?? May 25 2.18 5.850 May 27 103.1840 103.3215 +.4513 ?? 6.125 May 36 ?? ?? +.6821 3.87 a. In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the bid-ask spread for this bond is .0628, what is the bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Asked price b. Bid price