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A RM1,000 coupon bond mature in 10 years has a coupon rate of 8 percent. Calculate the price of this bond, using the following market

A RM1,000 coupon bond mature in 10 years has a coupon rate of 8 percent. Calculate the price of this bond, using the following market rate of interest of:

6 percent.

(3 marks)

8 percent.

(3 marks)

12 percent.

In (a) i, calculate the price of the bond if the interest is paid semi-annually.

(3 marks)

In (a) ii, calculate the price of the bond if the interest is paid-quarterly.

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