What is yield to maturity of bond and current yield

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Reference no: EM131312384

Suppose the following bond quotes for IOU Corporation appear in the financial page of today’s newspaper. Assume the bond has a face value of $2,000 and the current date is April 19, 2015.

Company (Ticker) (IOU), Coupon (7.6), Maturity ( Apr 19,2028), Last Price(104.56), Last Yield (??), EST Vol (000s) (1,844)

What is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

YTM %

What is the current yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Current yield %

Reference no: EM131312384

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