What price would you expect to pay for the kenny corporation

Reference no: EM133559932

Question: 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)	Coupon	Maturity	Last Price	Last Yield	Estimated $ Volume (000s)
Xenon, Incorporated (XIC)	6.8	15-Jan-43	94.35	??	57,376
Kenny Corporation (KCC)	7.26	15-Jan-37	??	6.3	48,955
Williams Company (WICO)	??	15-Jan-39	94.88	7.12	43,816

What price would you expect to pay for the Kenny Corporation bond?

Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

What is the bond's current yield?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

Reference no: EM133559932

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