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13 3.33/6.66 Suppose the following bond quotes for IOU Corporation appear in the financial page of today's newspaper. Assume the bond has a face
13 3.33/6.66 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. Company (Ticker) Coupon 5.9 Maturity April 19, 2037 Last Price Last Yield 110.93 ?? EST volume (000s) points awarded 00:52:52 Scored IOU (IOU) 1,849 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.) a. YTM 4.06 % b. Current yield 5.32 %
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