Problem: 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 current date is April 15, 2007. What is the yield to maturity of the bond? What is the Current yield? What is the yield to maturity on a comparable U.S. Treasury issue?
Company Coupon Maturity Last Last Est UST EST Vol
Ticker Price Yield Spread (000s)
IOU(IOU) 8.4 Apr 15, 2017 84.35 ?? 468 10 1,827.