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 6.700 7,250 22 Maturity January 15, 2044 January 15, 2038 January 15, 2040 Last Price Last Yield 94.339 22 94.865 6.28 7.10 Estimated S Volume (000s) 57,375 48,954 43,815 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

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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
6.700
7.250
22
Coupon rate
Maturity
January 15, 2044
January 15, 2038
January 15, 2040
Last Price Last Yield
94.339
22
94.865
22
6.28
7.10
Estimated s
Volume
(000s)
57,375
48,954
43,815
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.
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) Coupon 6.700 7.250 22 Coupon rate Maturity January 15, 2044 January 15, 2038 January 15, 2040 Last Price Last Yield 94.339 22 94.865 22 6.28 7.10 Estimated s Volume (000s) 57,375 48,954 43,815 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.
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