Suppose the following bond quote for IOU Corporation appears in the financial pages of todays newspaper. Assume the bond has a face value of $1,000, paying semiannual coupon, and the current date is April 15, 2016. (Do not round intermediate calculations. Round the final answers to 2 decimal places.)

Company (Ticker)

Coupon

Maturity

Last Price

Last Yield

Estimated volume (in $ thousands)

IOU (IOU)

8.20

Apr 15, 2025

104.86

??

1,847

What is the YTM of the bond?

YTM %

What is the current yield?

Current yield %