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

Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s)

IOU (IOU) 6.8 Apr 15, 2031 104.16 ?? 1,840

What is the yield to maturity of the bond?

YTM %

What is the current yield?

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