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5. value 2.00 points Suppose the following bond quote for IOU Corporation appears in the financial page of today's newspaper. Assume the bond has a
5. value 2.00 points 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, 2016 Company Last Last EST Vol (Ticker) Coupon Maturity Price Yield (000s) IOU (LOU) 8.10 Apr 15, 2037 91.685 22 1.842 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.) Yield to maturity What is the current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e... 32.16.) Current yield References eBook & Resources Worksheet Leaming Objective 06-02 Descnbe bond values and why they fluctuate 6:06 PM 2009/2020
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