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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, 2012 Company (Ticker) IOU Last Price Coupon 7.8 Maturity Apr 15, 2028 EST Vol Last Yleld (000s) ?? 1,835 103.66 (OU) 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)) YTM % What is the current yield? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Current yleld
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Corporate Finance With Connect Access Card
Authors: Stephen Ross ,Randolph Westerfield ,Jeffrey Jaffe
10th Edition
1259672484, 978-1259672484
