Suppose the following bond quote for IOU Corporation appears in the financial page of todays newspaper. Assume
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Suppose the following bond quote for IOU Corporation appears in the financial page of today’s newspaper. Assume the bond has a face value of $1,000, it makes semiannual coupon payments, and the current date is April 15, 2022. What is the yield to maturity of the bond? What is the current yield?
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Ali Khawaja
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Related Book For 
Corporate Finance
ISBN: 9781265533199
13th International Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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