Suppose the following bond quotes for IOU Corporation appear in the financial page of today's newspaper. Assume 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
Company EST Vol (000s) UST (Ticker) IOU (IOU) Coupon Maturity Last Price Last Yield EST Spread 7.2 Apr 15, 2026 108.96 ?? 468 10 1,827 What is the yield to maturity of the bond? YTM % What is the Equivalent Government Bond Yield? Bond yield %
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.)