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Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
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Phoniex University
Oct-2001 - Nov-2016
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) | 7.300 | Jan 15, 2039 | 94.373 | ?? | 57,381 |
| Kenny Corp. (KCC) | 7.310 | Jan 15, 2036 | ?? | 6.40 | 48,960 |
| Williams Co. (WICO) | ?? | Jan 15, 2042 | 96.925 | 6.65 | 43,821 |
What is the coupon rate for the Williams Co. bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Coupon rate %
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