Bond Par Value = $2,000
Bond Price = (94.387/100)2,000 = $1,887.74
Annual Coupon = $142
Time Period = 23 years
CalculatingYTM,
using TVM Calculation,
I = [PV = -1,887.74, FV = 2,000 ,PMT = 142, N = 23]
I = 7.62%
You find the following corporate bond quotes. To calculate the number of years until maturity, assume...
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019 and the bonds have a par value of $2,000. Company (Ticker) Coupon Maturity Last Price Last Yield EST $ Vol (000’s) Xenon, Inc. (XIC) 7.10 Jan 15, 2042 94.387 ?? 57,379 Kenny Corp. (KCC) 7.29 Jan 15, 2039 ?? 6.36 48,958 Williams Co. (WICO) ?? Jan 15, 2046 94.905 7.18 43,819 What is the yield to maturity...
Saved You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019 and the bonds have a par value of $2,000. Last Yield Company (Ticker) Coupon Xenon, Inc. (XIC) 7.100 Kenny Corp. (KCC) 7.290 Williams Co. (WICO) ?? Last Price 94.353 ?? 96.905 Maturity Jan 15, 2040 Jan 15, 2037 Jan 15, 2043 ?? EST $ Vol (000's) 57,379 48,958 43,819 6.36 6.61 What is the coupon rate...
Problem 6-31 Bond Yields (LO 2] 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. Last Yield Company (Ticker) Coupon Xenon, Inc. (XIC) 7.10 Kenny Corp. (KCC) 7.29 Williams Co. (WICO) ?? Last Price 94.387 ?? 94.905 Maturity Jan 15, 2042 Jan 15, 2039 Jan 15, 2046 ?? EST $ Vol (000's) 57,379 48,958 43,819...
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) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) Coupon 6.800 7.260 ?? Maturity Jan 15, 2036 Jan 15, 2033 Jan 15, 2040 Last Price 94.351 ?? 94.875 Last Yield ?? 6.30 7.12 EST $ Vol (000's) 57,376 48,955 43,816 What is the yield to maturity for...
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019 and the bonds have a par value of $2,000 EST $ Vol Company (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) Last Last (000's) 57,375 48,954 43,815 Coupon 6.70 7.25 Maturity Jan 15, 2038 Jan 15, 2035 Jan 15, 2042 Price Yield 94.339 ?? 6.28 ?? ?? 94.865 7.10 What is the 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, 2019 and the bonds have a par value of $2,000. Company (Ticker) Coupon Xenon, Inc. (XIC) 6.70 Kenny Corp. (KCC) 7.25 Williams Co.(WICO) ?? Price Jan 15, 2038 Last Price 94.339 ?? 94.865 Maturity Jan 15, 2038 Jan 15, 2035 Jan 15, 2042 Last Yield ?? 6.28 7.10 EST $ Vol (000's) 57,375 48,954 43,815 What is the...
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019 and the bonds have a par value of $2,000. Last Price 94.243 Last Yield Company (Ticker) Coupon Xenon, Inc. (XIC) 5.90 Kenny Corp. (KCC) 717 Williams Co. (WICO) ?? ?? Maturity Jan 15, 2030 Jan 15, 2027 Jan 15, 2034 EST $ Vol (000's) 57,367 48,946 43,807 6.12 .94 94.785 6 What is the 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, 2019 and the bonds have a par value of $2,000. Last Yield ?? Company (Ticker) Coupon Xenon, Inc. (XIC) 7000 Kenny Corp. (KCC) 7.280 Williams Co. (WICO) ?? Maturity Jan 15, 2039 Jan 15, 2038 Jan 15, 2045 Last Price 94.343 ?? 94.895 EST $ Vol (000's) 57,378 48,957 43,818 5.46 7.16 a. What price would you expect...
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) 6.800 Jan 15, 2034 94.323 ?? 57,376 Kenny Corp. (KCC) 7.260 Jan 15, 2031 ?? 6.30 48,955 Williams Co. (WICO) ?? Jan 15, 2037 96.875 6.55 43,816 What is the coupon rate for the...
you find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019 and the bonds have a par value of $2,000. Company (Ticker) Coupon Maturity Last Price Last Yield EST $ Vol (000’s) Xenon, Inc. (XIC) 5.900 Jan 15, 2028 94.233 ?? 57,367 Kenny Corp. (KCC) 7.170 Jan 15, 2025 ?? 6.12 48,946 Williams Co. (WICO) ?? Jan 15, 2031 ...