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A RM2000 par bond with 8% semi-annual coupons has payment dates on 31 January and 31 July. The bond matures on 31 July, 2025. On
A RM2000 par bond with 8% semi-annual coupons has payment dates on 31 January and 31 July. The bond matures on 31 July, 2025. On 31 July, 2020 the coupon payment of RM80 is paid. The bond is sold later on settlement data of 9 December 2020. The bond is sold to yield 6.6% convertible semi-annually. Compute the flat price, accrued interest and market price on the settlement date using all three methods. Briefly comment on the computed values
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