Question: 24. Using Bond Quotes (LO5) Suppose the following bond quotes for IOU Corporation appear in the financial page of today's newspaper. Assume the bond has

24. Using Bond Quotes (LO5) 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 $1,000, and the current date is April 15, 2016. What is the yield to maturity of the bond? What is the yield to maturity on a comparable Bank of Canada issue

Company [ticker]	Coupon	Maturity	Last price	Last yeild	ESTspread	UST	EST Vol {000s}
IOU (IOU)	7.2	Apr 15,2026	108.96	??	468	10	1827

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