Suppose the following bond quote for IOU Corporation appears in the financial page of todays...
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Finance
Suppose the following bond quote for IOU Corporation appears in the financial page of todays newspaper. Assume the bond has a face value of $1,000, and the current date is April 15, 2019.
Company (Ticker)
Coupon
Maturity
Last Price
Last Yield
EST Vol (000s)
IOU (IOU)
7.00
Apr 15, 2035
92.792
??
79
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.)
yield to maturity?
current yield?
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