Suppose the following bond quote for iou corporation, Ask an Expert

Finance

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 and the current date is April 15, 2012.

What is the yield to maturity of the bond? What is the current yield?

Company (Ticker) IOU (IOU)

Coupon 7.240

Maturity, April 15, 2021

Last Price 105.312

Last Yield ??

EST Vol (000s) 1,827

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9993775

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