(a) James is a broker from YTL Ltd. plans to buy bonds from Axiata and Maxis. Axiata Bond has coupon rate 10 percent paid semiannually, required rate of return 8 percent and 6 years of maturity while, Maxis Bond has coupon rate of 7 percent with annually paid, required rate of return is 12 percent and 10 years of maturity. Determined the value for each bond if par value for both bonds is RM1000. (10 marks) (b) Maybank Bhd is evaluating three common shares for the new investment. Below is the information for all the shares: Blue Dragon paid a dividend RM2.40 last year. The dividend is growth at 2 percent per year. Techno flix' currently pays an annual dividend of RM3.20 per share. The dividend is growth at 3 percent. Phyton paid a dividend RM4.40 last year and dividend is not grown from the last year. Calculate the value for the three shares if the required return is 6 percent. (9 marks)