A. The following is the information about Madu3 Bhd's bond: The $1,000 par value bond has a coupon rate of 8% per annum, but the interest was paid on semi-annual basis. It has 8 years remaining until maturity. The current yield to maturity on similar bond is 10%. Meanwhile, Abang Jamil's advisor quotes a price of $900 for the above bond, but Abang Jamil thinks that the bond might be overpriced. You are required to advice Abang Jamil on the investment decision that he could take. (8 marks)