Company (Ticker	Coupon	Maturity	Last Price	Last Yield	EST Vol (000s)
IOU (IOU)	8.2	April 15, 2031	104.86	??	1847

^^Suppose the following bond quote for IOU Corporation appears in the financial page of todays newspaper. Assume the bond has a face value of $1,000 and the current date is April 15, 2015.

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.)

YTM:

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.)

Current Yield: