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suppose the following bond quote for IOU corporation appears in the financial page of todays newspaper. assume the bond has a gave value of $1,000,
suppose the following bond quote for IOU corporation appears in the financial page of todays newspaper. assume the bond has a gave value of $1,000, and the currently date is April 15, 2016.
company (ticker): IOU (IOU)
coupon: 9.85
maturity: April 15, 2023
last price: 91.545
last yield:?
EST Vol(000s): 1,828
what is the yield to maturity of the bond?
what is the current yield?
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Lectures On Public Economics
Authors: Anthony B. Atkinson, Joseph E. Stiglitz
1st Edition
0691166412, 978-0691166414
