Using Bond Quotes 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, 2010. What is the yield to maturity of the bond? What is the current yield?
Company (Ticker) | Coupon | Maturity | Last Price | Last Yield | EST Vol (000s) | |||
IOU (IOU) | 8.250 | Apr 15, 2020 | 87.155 | ?? | 1,827 |
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