What is the yield to maturity of the bond what is the


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 $2,000 and the current date is April 19, 2015. Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s) IOU (IOU) 7.8 Apr 19, 2028 104.66 ?? 1,845 What is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) YTM % What is the current yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Current yield %

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the yield to maturity of the bond what is the
Reference No:- TGS02648411

Expected delivery within 24 Hours