Exercise 1 Tixel Bhd has 8-year bonds outstanding. These bonds, which pay interest semi-annually, have a coupon rate of 9 percent and a yield to maturity of 8 percent. Face value and market price of the bonds is RM1,000 and RM1,100 respectively. Required: i. Calculate the maximum price of the bonds. ii. If the bonds can be called in five years at a premium of 13.5 percent over par value, calculate the investor's realized yield to maturity. (Use both trial and error method and the YTM formula)