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Suppose the following bond quotes for IOU Corporation appear in the financial page of today's newspaper. Assume the bond has a face value of $1.000
Suppose the following bond quotes for IOU Corporation appear in the financial page of today's newspaper. Assume the bond has a face value of $1.000 and the current date is April 19, 2012. What is the yield to maturity of the bond? (Round your answer to 2 decimal places, (e.g., 32.16)) What is the current yield? (Round your answer to 2 decimal places, (e.g., 32.16))
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