Use the following bond quote Company in Systems Symbol ISU GO Coupon 650% Maturity May, 2032 Rating Moody's SAPFAR Baa2880-08- High Last 102.617 91.865 93.231 Change Viek 7482% 1650 a. What is the yield to maturity of the bond? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 3 decimal places) % b. What is the current yield of the bond? (Do not round Intermediate calculations. Enter your answer a percent rounded decimal places)
Use the following bond quote Company in Systems Symbol ISU GO Coupon 650% Maturity May, 2032 Rating Moody's SAPFAR Baa2880-08- High Last 102.617 91.865 93.231 Change Viek 7482% 1650 a. What is the yield to maturity of the bond? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 3 decimal places) % b. What is the current yield of the bond? (Do not round Intermediate calculations. Enter your answer a percent rounded decimal places)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Question 17
Use the following bond quote
Company
In Systems
Symbol
ISU GO
coupon
6.850%
Maturity
May, 2012
Rating
Moody'
SAPF
Baa2888-08-
High
102.817 91.865 93.231
Yek
Change
1650 7482%
a. What is the yield to maturity of the bond? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.)
%
b. What is the current yield of the bond? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.)
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