Suppose the following bond quotes for IOU Corporation appear in the financial page of oday's newspaper. Assume the bond has a face value of $2,000 and the current date is April 19, 2021. Company (Ticker) IOU (IOU) Coupon 5.5 Maturity April 19, 2037 Last Price Last Yield 108.89 ?? EST volume (000s) 1,841 .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.)
Suppose the following bond quotes for IOU Corporation appear in the financial page of oday's newspaper. Assume the bond has a face value of $2,000 and the current date is April 19, 2021. Company (Ticker) IOU (IOU) Coupon 5.5 Maturity April 19, 2037 Last Price Last Yield 108.89 ?? EST volume (000s) 1,841 .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.)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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