Question
1.A RM1,000 par value 10-year bond with a 10% coupon rate recently sold for RM1,500. The yield to maturity (YTM) is C Select one: a.
1.A RM1,000 par value 10-year bond with a 10% coupon rate recently sold for RM1,500. The yield to maturity (YTM) is C
Select one:
a. 15.67%
b. 12.67%
c. 4.00%
d. 10.07%
2.A RM1,000 par value 5-year bond with a 7% coupon rate recently sold for RM950. The yield to maturity (YTM) is A
Select one:
a. 8.21%
b. 9.67%
c. 5.67%
d. 4.00%
3.A RM1,000 par value 7-year bond with a 8% coupon rate recently sold for RM790. The yield to maturity (YTM) is B
Select one:
a. 12.67
b. 12.29%
c. 4.00%
d. 15.67%
4.Assume that Azhari Berhad has an issue of 8 year RM1,000 par value bonds that pay 9% interest annually. Further assume that today's required rate of return on these bonds is 10%. How much would these bonds sell for today?
Select one:D
a. RM1200.543
b. RM1500.247
c. RM928.678
d. RM946.641
5.Assume that razis berhad has an issue of 7 year RM1,000 par value bonds that pay 9% interest annually. Further assume that today's required rate of return on these bonds is 12%. How much would these bonds sell for today?C
Select one:
a. RM526.389
b. RM946.641
c. RM863.042
d. RM1500.247
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