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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 $2,000
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 $2,000 and the current date is April 19, 2015. EST Vol (000s) 1,843 Company Ticker) Coupon Maturity Last Price Last Yield lOU (IOU) 7.4 Apr 19, 2028 104.46 maturity of the bond? (Do not rou as a percent rounded to 2 decimal places, e.g., 32.16.) YTM What is the current yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Current yield
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