Question
Suppose the following bond quotes for IOU Corporation appear in the financial page of todays newspaper. Assume the bond has a face value of $2,000
Suppose the following bond quotes for IOU Corporation appear in the financial page of todays newspaper. Assume the bond has a face value of $2,000 and the current date is April 19th 2015. What is the YTM of the bond? What is the current yield.
Coupon Rate: 5.7%
Maturity: April 19th 2028
Last Price: $108.96
Last Yield: ???
EST Vik (000s): 1,827
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Fundamentals Of Health Care Financial Management
Authors: Steven Berger
4th Edition
1118801687, 978-1118801680
