Question
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, 2015. |
Company (Ticker) |
| Coupon |
| Maturity |
| Last Price |
| Last Yield |
| EST Vol (000s) |
| ||||||
IOU (IOU) |
|
| 7.2 |
|
| Apr 15, 2031 |
|
| 103.36 |
|
|
| ?? |
|
| 1,832 |
|
What is the yield to maturity of the bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
YTM | % |
What is the current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
Current yield | % |
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