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, 2012.

Company (Ticker)

Coupon

Maturity

Last Price

Last Yield

EST Vol (000s)

IOU (IOU)

7.8

Apr 15, 2028

103.66

??

1,835

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 yield

%

If there is an efficient way to do this with a ba2 plus calculator can you work it out with that method?!