Question
Use the following bond quote: Rating Moodys/ Company Symbol Coupon Maturity S&P/Fitch High Low Last Change Yield% Intl Systems ISU.GO 6.850% May, 2032 Baa2/BBB/BB 102.817
Use the following bond quote:
| Rating | |||||||||
| Moodys/ | |||||||||
| Company | Symbol | Coupon | Maturity | S&P/Fitch | High | Low | Last | Change | Yield% |
| Intl Systems | ISU.GO | 6.850% | May, 2032 | Baa2/BBB/BB | 102.817 | 91.865 | 93.231 | 1.650 | 7.482% |
a. What is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.)
b. What is the current yield of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.)
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Finance And Financial Markets
Authors: Keith Pilbeam
3rd Edition
023023321X, 978-0230233218
