Question: will rate! Problem 8-25 Using Bond Quotes Suppose the following bond quote for IOU Corporation appears in the financial page of today's newspaper. Assume the

 will rate! Problem 8-25 Using Bond Quotes Suppose the following bond

will rate!

Problem 8-25 Using Bond Quotes 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, it makes semiannual interest payments, and the current date is April 15, 2019. Coupon Last Price Company (Ticker) IOU (IOU) Maturity Apr 15, 2035 EST Vol Last Yield (000s) ?? 1,842 7.2 104.36 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.) 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.) X Answer is complete but not entirely correct. 7.22 X % YTM Current yield 7.34 X %

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