Solved: Determine current yield, Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol, Finance Basics

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Determine current yield

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 19, 2012. Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s) IOU (IOU) 6.2 Apr 19, 2028 108.96 ?? 1,827 What is the yield to maturity of the bond? (Round your answer to 2 decimal places. (e.g., 32.16)) YTM What is the current yield?

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Determine current yield

Reference No:- TGS0675330

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Solution Preview :

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Finance Basics: Determine current yield

Reference No:- TGS0675330

Recent Questions Asked Finance Basics

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