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Studying for exams can you please make the answer precise and clear. 9 Suppose the following bond quotes for IOU Corporation appear in the financial
Studying for exams can you please make the answer precise and clear.
9 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, 2018 10 points Company (Ticker) IOU (OU) Coupon 5.2 Skipped EST VOI Last Price Last Yield (000s) 107.36 ?? 1,835 Maturity Apr 19, 2034 eBook Print 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.) References a. YTM b. Current yield % % Step by Step Solution
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