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) 5.500 January 15, 2035 94.195 ??question mark 57,363
Kenny Corporation (KCC) 7.130 January 15, 2029 ??question mark 6.04 48,942
Williams Company (WICO) ??question mark January 15, 2031 94.745 6.86 43,803
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.