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Assume that today's date is August 15, 2020 and that the Kenanga Bond is an annualcoupon bond. Describe what each of the following terms mean

  1. Assume that today's date is August 15, 2020 and that the Kenanga Bond is an annualcoupon bond. Describe what each of the following terms mean and how each value was determined if appropriate.

Company

Price

Coupon Rate

Maturity Date

YTM

Current Yield

Rating

Kenanga

84.00

6.875%

8-15-2025

10.576%

8.185%

B2

(5 Marks)

  1. Explain the differences among authorized, issued, and outstanding shares?

(3 Marks)

  1. Explain three (3) key features of common share?

(3 Marks)

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