Suppose the following bond quote for IOU Corporation appears in the financial page of today's...
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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, 2012. What is the yleld to maturity of the bond, assuming semi-annual coupon payments? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) What is the current yield? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))
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