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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) 7.000 Jan 15, 2036 94.343 ?? 57,378
Kenny Corp. (KCC) 7.280 Jan 15, 2035 ?? 5.46 48,957
Williams Co. (WICO) ?? Jan 15, 2042 94.895 7.16 43,818

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             %

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