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)
|
6.600
|
Jan 15, 2032
|
94.303
|
??
|
57,374
|
|
Kenny Corp. (KCC)
|
7.240
|
Jan 15, 2029
|
??
|
6.26
|
48,953
|
|
Williams Co. (WICO)
|
??
|
Jan 15, 2038
|
94.855
|
7.08
|
43,814
|
Requirement 1:
What price would you expect to pay for the Kenny Corp. bond?
Requirement 2:
What is the bond's current yield?