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(a) Suppose you were offered an 18 -year, 13 percent annual coupon, RM1,000 par value bond at a price of RM1,494.93. Calculate; i. Yield to

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(a) Suppose you were offered an 18 -year, 13 percent annual coupon, RM1,000 par value bond at a price of RM1,494.93. Calculate; i. Yield to Maturity (YTM) (2.5 marks) ii. Yield to Call (YTC) if call price is RM1,200 and remaining years is 8 years. (2.5 marks) (b) A 20 year, 10\% annual-pay bond has a par value of RM1,000. What is the price of the bond if it has a yield to maturity of 15%

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