What is bond current yield

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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, 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) 6.500 Jan 15, 2031 94.293 ?? 57,373 Kenny Corp. (KCC) 7.230 Jan 15, 2030 ?? 5.36 48,952 Williams Co. (WICO) ?? Jan 15, 2037 94.845 7.06 43,813 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.) Price $ 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.) Current yield.

Reference no: EM131840059

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