[goodcanadian]

Yes, the bow of a ship is pronounced the same as taking a bow. At least, it is in my accent.

https://www.dictionary.com/browse/bow agrees indicating IPA baʊ for both.

[bjoli]

I should read the parent comment before replying.

I just assumed they meant bow as in bow and arrow. The other example I did not know. "Read before you think before you write".