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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
Suppose the following bond quotes for IOU Corporation appear in the financial page of todays newspaper. Assume the bond has a face value of $ and the current date is April What is the yield to maturity of the bond? Assume coupons are paid semiannually.
Enter your answer as a percentage, omit the sign in your response, and enter your answer with two decimal places. For example, should be entered as
Company Ticker Coupon Maturity Last Price Last Yield EST Vol s
IOU IOU Apr
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