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26. Using Bond Quotes[LO1] Suppose the following bond quotes for IOU Corporation appear in the financial page of today's newspaper. Assume the bond has a

26.Using Bond Quotes[LO1]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 $1,000 and the current date is April 19, 2015. What is the yield to maturity of the bond? What is the current yield? (show work / Formulas)

Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s)

IOU (IOU) 5.7 Apr 19, 2028 108.96 ?? 1,827

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