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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): IOU (IOU)
Coupon: 7.8 Maturity: Apr 15, 2031
Last Price: 103.66
Last Yield: ??
EST Vol (000s): 1,835
What is the yield to maturity of the bond?
YTM __%
What is the current yield?
Current yield ___ %
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