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Suppose the following bond quote for IOU Corporation appears in the financial page of todays 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 todays newspaper. Assume the bond has a face value of $1,000, and the current date is April 15, 2019.
Company (Ticker) | Coupon | Maturity | Last Price | Last Yield | EST Vol (000s) |
IOU (IOU) | 7.25 | Apr 15, 2040 | 92.877 | ?? | 89 |
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