Consider the following bond: Coupon rate: 11% per annum Maturity: 18 years Par value: RM1,000 Bond Value: RM1169.00 Compounding: Semiannually First par call in 13 years Only put date in five years and putable at par value

Suppose that the market price for this bond RM1,169.

a) Estimate and interpret the current yield for the bond. (5 marks) b) Calculate the yield to maturity for this bond. (5 marks) c) Compute that the yield to first par call. (5 marks) d) Find the yield to put. (5 marks) e) Suppose that the call schedule for this bond is as follows: Can be called in 8 years at RM1,055 Can be called in 13 years at RM1,000 And suppose this bond can only be put in five years and assume that the yield to first par call is 8.535%. Calculate yield to worst for this bond. (5 marks)