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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 19, 2012. Company (Ticker)= IOU (IOU) Coupon=6.2 Maturity=Apr 19, 2028 Last Price=108.96 Last Yield=?? ESTvol (000's)=1,827 What is the yield to maturity of the bond? (Round your answer to 2 decimal places. (e.g., 32.16)) YTM % What is the current yield? (Round your answer to 2 decimal places. (e.g., 32.16)) Current yield
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