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 (WICO) Coupon 6.900 7.270 Maturity January 15, 2042 January 15, 2036 January 15, 2038 Last Price Last Yield 94.363 ?? 94.885 ?? 6.32 7.14 Estimated $ Volume (000s) 57,377 48,956 43,817

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Raghubhai 

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 (WICO)
What is the coupon rate for the Williams Company bond?
Coupon
6.900
7.270
??
Maturity
January 15, 2042
January 15, 2036
January 15, 2038
Last Price Last Yield
94.363
??
??
6.32
94.885
7.14
Estimated $
Volume
(000s)
57,377
48,956
43,817
Transcribed Image Text: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 (WICO) What is the coupon rate for the Williams Company bond? Coupon 6.900 7.270 ?? Maturity January 15, 2042 January 15, 2036 January 15, 2038 Last Price Last Yield 94.363 ?? ?? 6.32 94.885 7.14 Estimated $ Volume (000s) 57,377 48,956 43,817
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