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

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Suppose the following bond quotes for IOU Corporation appear in the financial page of todays newspaper. Assume the bond has a face value of $2,000 and the current date is April 19th 2015. What is the YTM of the bond? What is the current yield.

Coupon Rate: 5.7%

Maturity: April 19th 2028

Last Price: $108.96

Last Yield: ???

EST Vik (000s): 1,827

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91647509

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