Business
Fundamentals Of Corporate Finance
Suppose the following bond quotes for IOU Corporation appear in

Suppose the following bond quotes for IOU Corporation appear in the financial page of todays newspaper. Assume

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Suppose the following bond quotes for IOU Corporation appear in the financial page of today’s newspaper. Assume the bond has a face value of $2,000 and the current date is April 19, 2021. What is the yield to maturity of the bond? What is the current yield?

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Company (Ticker) Last EST Vol Coupon Maturity Last Price Yield (000s) IOU (IOU) 5.7 Apr 19, 2043 108.96 ?? 1,827

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Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Aug 24, 2021 05:01 AM

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