Suppose the following bond quote for IOU Corporation appears in the financial page of today s newspaper.
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Question:
Suppose the following bond quote for IOU Corporation appears in the financial page of todays newspaper. Assume the bond has a face value of $ and the current date is April
Company Ticker Coupon Maturity Last Price Last Yield Estimated Volume s
IOU IOU April question mark
What is the yield to maturity of the bond?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
What is the current yield?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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