What is the yield to maturity of the bond

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Reference no: EM132072236

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, 2015. Company (Ticker): IOU (IOU)

Coupon: 7.8 Maturity: Apr 15, 2031

Last Price: 103.66

Last Yield:

EST Vol (000s): 1,835

What is the yield to maturity of the bond?

YTM __%

What is the current yield?

Current yield ___ %

Reference no: EM132072236

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