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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 face 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 face value of $1,000, and the current date is April 15, 2013.

Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s)
IOU (IOU) 10.15 Apr 15, 2029 91.605 ?? 1,834

Requirement 1:

What is the yield to maturity of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Yield to maturity %

Requirement 2:

What is the current yield? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Current yield %

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