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Yahoo Cloud Question 5025) 360| M McGra- Haction Home 5. value: nect 10.00 points ion.com ut BB... Suppose the following bond quote for IOU Corporation

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Yahoo Cloud Question 5025) 360| M McGra- Haction Home 5. value: nect 10.00 points ion.com ut BB... Suppose the following bond quote for IOU Corporation appears in the financial page of today's newspaper. Assume the bond has a face value of $1,000, and the current date is April 15, 2013 ust Company (Ticker) IOU (IOU) Coupon 9.75 Maturity Apr 15, 2027 Last Price 86.352 Last Yield ?? EST Vol (000s) 1,827 TY G&... Requirement 1: What is the yield to maturity of the bond? (Do not round Intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) 019. Yield to maturity 28.00 % Requirement 2: What is the current yield? (Do not round Intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Current yield References eBook & Resources Worksheet Difficulty: Intermediate Leaming Objective: 06-02 Describe bond values a fluctuate. Check my work

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