Question: Problem 6 - 2 5 Using Bond Quotes [ LO 2 ] Suppose the following bond quote for IOU Corporation appears in the financial page

Problem 6-25 Using Bond Quotes [LO 2]
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 19,2022.
a. What is the yield to maturity of the bond?
Note: 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?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
Answer is complete but not entirely correct.
 Problem 6-25 Using Bond Quotes [LO 2] Suppose the following bond

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