## Question

###### Hi, Would you show me how to solve #26 problem ONLY using a financial calculator? Thank...

Hi,

Would you show me how to solve #26 problem ONLY using a financial calculator?

Thank you very much in advance!

bonds is 7.33 percent. How many years do these bonus nave cu un 26. Using Bond Quotes (LO2) Suppose the following bond quotes for IOU Corpora- tion appear in the financial page of today's newspaper. Assume the bond has a face value of $2,000 and the current date is April 19, 2015. What is the yield to maturity of the bond? What is the current yield? Company (Ticker) IOU (LOU) Last Yield pon Coupon 5.7 Maturity Apr 19, 2028 Last Price 108.96 EST Vol (000s) 1,827 ??

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