You find the following corporate bond quotes. To calculate the number of years until maturity,...
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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 (000s) |
| Xenon, Inc. (XIC) | 7.300 | Jan 15, 2039 | 94.373 | ?? | 57,381 |
| Kenny Corp. (KCC) | 7.310 | Jan 15, 2038 | ?? | 5.52 | 48,960 |
| Williams Co. (WICO) | ?? | Jan 15, 2045 | 94.925 | 7.22 | 43,821 |
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 $________
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