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 19, 2015. |
| Company (Ticker) | Coupon | Maturity | Last Price | Last Yield | EST Vol (000s) | ||||||||||||
| IOU (IOU) | 7.8 | Apr 19, 2028 | 103.66 | ?? | 1,835 | ||||||||||||
| What is the yield to maturity of the bond (2 decimal places) and the current yeild (2 decimal places)? |
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Ship Finance Credit Expansion And The Boom Bust Cycle
Authors: Peter Stokes
2nd Edition
1859781055, 9781859781050
