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28 Sep 2019
Suppose the following bond quote for IOU Corporation appears in the financial page of todayâs newspaper. Assume the bond has a face value of $1,000, and the current date is April 15, 2013.
Company
(Ticker) Coupon Maturity Last
Price Last
Yield EST Vol
(000s) IOU (IOU) 9.75 Apr 15, 2027 86.352 ?? 1,827
Requirement 1:
What is the yield to maturity of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Yield to maturity %
Requirement 2:
What is the current yield? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Suppose the following bond quote for IOU Corporation appears in the financial page of todayâs newspaper. Assume the bond has a face value of $1,000, and the current date is April 15, 2013.
Company (Ticker) | Coupon | Maturity | Last Price | Last Yield | EST Vol (000s) |
IOU (IOU) | 9.75 | Apr 15, 2027 | 86.352 | ?? | 1,827 |
Requirement 1: |
What is the yield to maturity of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Yield to maturity | % |
Requirement 2: |
What is the current yield? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
28 Jun 2023
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Deanna HettingerLv2
29 Sep 2019
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