(c) Cika will invest on two securities which is bonds and common shares. The bonds issued have a coupon payment of 22 percent semi-annually, with a maturity of 40 years, and RM1,000 par value. The company had just announced a dividend of RM3.20 for the share and expected to grow at 21 percent for 4 years and 5 percent indefinitely. Shareholders require 12 percent rate of return while bondhold.20. Calculate the percent rate of return. The market price for bonds RM1,600 and share are RMG7 the intrinsic value for both securities and justify whether worth to buy it or not. (c) Cika will invest on two securities which is bonds and common shares. The bonds issued have a coupon payment of 22 percent semi-annually, with a maturity of 40 years, and RM1,000 par value. The company had just announced a dividend of RM3.20 for the share and expected to grow at 21 percent for 4 years and 5 percent indefinitely. Shareholders require 12 percent rate of return while bondhold.20. Calculate the percent rate of return. The market price for bonds RM1,600 and share are RMG7 the intrinsic value for both securities and justify whether worth to buy it or not