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) - IOU (IOU) Coupon - 6.6 Maturity - April 19, 2028 Last Price - 104.06 Last Yield - ?? EST Vol (000s) - 1,839
What is the yield to maturity of the bond?
YTM %
What is the current yield?
Current yield %
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Handbook On Corporate Governance In Financial Institutions
Authors: Christine A. Mallin
1st Edition
1784711780, 978-1784711788
