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A company issued a 1 5 year bond with a par value of ksh 1 1 , 0 0 0 and a coupon rate of

A company issued a 15 year bond with a par value of ksh 11,000 and a coupon rate of 17.5%. Calculate the current yield and YTM is the issue price is (7 marks)
a.9400
b.11000
c.13500
A company issued a 15 year bond with a par value of ksh 11,000 and a coupon rate of 17.5%. Calculate the bond price if YTM is
(7 marks)
a.12%
b.19%
c.24%
A company issued a 10-year convertible bond 5 years with a par value of ksh 7,080 and a coupon rate of 14.5%. The conversion price is ksh 120. The current bond price is ksh 8500 while the company share price sells at ksh 138.
(15 marks)
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