This paper concentrates on the primary theme of CORPORATE BOND QUOTES. in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.
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.
|EST $ Vol|
|Xenon, Inc. (XIC)||6.900||Jan 15, 2037||94.363||??||57,377|
|Kenny Corp. (KCC)||7.270||Jan 15, 2034||??||6.32||48,956|
|Williams Co. (WICO)||??||Jan 15, 2041||94.885||7.14||43,817|
What is the yield to maturity for the bond issued by Xenon, Inc.? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Yield to maturity