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Answer Question B only Please show me step by step result. i want to learn it, dont use excel plsssssss Question 1 a. The Zahra

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Answer Question B only

Please show me step by step result. i want to learn it, dont use excel plsssssss

Question 1 a. The Zahra Corporation issued a new series of bonds on January 1, 2020. The bonds were sold at par (RM1,000), had a 12 % coupon, and matured in 30 years, on December 31, 2049. Coupon payments are made semi-annually (on December 31). i. Calculate the price of the bonds on January 1, 2021, assuming that interest rates had fallen to 10%. (4 marks) ii. On Jan 1, 2043, 7 years before maturity, Sam's bonds sold for RM916.42. Calculate the YTM at that time. (4 marks) b. The next dividend for Carson Berhad will be RM5 per share. Investors require a 12% return on companies such as Carson Berhad. The company's dividend increases by 20% a year for 5 years and zero thereafter. Based on the dividend growth model, what is the value of a Carson Berhad's share today? (12 marks)

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