What is the yield to maturity of the bond

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Suppose the following bond quotes for IOU Corporation appear in the financial page of today's newspaper. Assume the bond has semiannual payments, a face value of $2,000 and the current date is April 19, 2018.

Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s)

IOU (IOU) 5.7 Apr 19, 2034 108.96 ?? 1,827

a. What is the yield to maturity of the bond?

b. What is the current yield?

Reference no: EM132473439

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