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00 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
00 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, and the current date is April 15, 2019. 1 points Company (Ticker) IOU (IOU) Coupon 7.60 Last Price 91.645 Maturity Apr 15, 2031 Last Yield ?? EST Vol (000s) 02:01:41 1,827 eBook a. What is the yield to maturity of the bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Print References a. Yield to maturity b. Current yield % %
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