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 $ and the current date is April
tableCompanyEST volumeTickerCoupon,Maturity,Last Price,Last Yield,sIOU IOUApril
a What is the yield to maturity of the bond? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
b What is the current yield? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
tablea YTM