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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
Suppose the following bond quote for IOU Corporation appears in the financial page of todays newspaper. Assume the bond has a face value of $ and the current date is April Company Ticker Coupon Maturity Last Price Last Yield EST Vol s IOU IOU Apr a What is the yield to maturity of the bond? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg b What is the current yield? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
Suppose the following bond quote for IOU Corporation appears in the financial page of todays newspaper. Assume the bond has a face value of $ and the current date is April
Company Ticker Coupon Maturity Last Price Last Yield EST Vol s
IOU IOU Apr
a What is the yield to maturity of the bond? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
b What is the current yield? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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