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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 $1,000

Suppose the following bond quotes for IOU Corporation appear in the financial page of todays newspaper. Assume the bond has a face value of $1,000 and the current date is April 15, 2016.

Company (Ticker)	Coupon	Maturity	Last Price	Last Yield	EST Spread	UST	EST Vol (000s)
IOU (IOU)	7.2	Apr 15, 2026	108.96	??	468	10	1,827

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