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You received partial credit in the previous attempt. 18 Suppose the following bond quotes for IOU Corporation appear in the financial page of today's newspaper.
You received partial credit in the previous attempt. 18 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, 2018. 4 points Coupon Last Price Last Yield Company (Ticker) JOU (IOU) EST Vol (000s) 1,859 Maturity Apr 19, 2034 00:48:52 6.4 113.48 ?? eBook a. What is the yield to maturity of the bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) References a. YTM 5.00% b. Current yield 5.64 %
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