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P7-23 Using Bond Quotes [LO2] Suppose the following bond quote for IOU Corporation appears in the financial page of today's newspaper. Assume the...

P7-23 Using Bond Quotes [LO2]

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, 2009. The yield to maturity of the bond is ____percent and the current yield is_____ percent. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))

Company
(Ticker)
Coupon
Maturity Last Price Last Yield EST Vol
(000s)
IOU (IOU) 7.2 Apr 15, 2023 108.96 ?? 1,827
P7-23 Using Bond Quotes [LO2] 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, 2009. The yield to maturity of the bond is percent and the current yield is percent. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16)) Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s) IOU (IOU) 7.2 Apr 15, 2023 108.96 ?? 1,827
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