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Suppose the following bond quotes for IOU Corporation appear in the financial page of today's...

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Accounting

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 $1,000 and the current date is April 15, 2016. (Round the final answers to 2 decimal places.) Company (Ticker) Coupon IOU (IOU) 7.2 YTM Bond yield Maturity Apr 15, 2026 5.97% References Worksheet Last Price 1,089.6 What is the yield to maturity of the bond? Last Yield ?? EST Spread 468 What is the Equivalent Government Bond Yield? Learning Objective: 07-05 How bond prices are quoted UST EST Vol (000s) 10 1,827

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