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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, 2018. a)What is the yield to maturity of the bond? b)What is the current yield? Company (Ticker) IOU (IOU) Coupon 5.2 Maturity, April 19, 2035 Last Price 107.36 Last Yield ?? EST Vol (000s) 1,835
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