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FBM Ltd issued a bond with a par value of RM1,000, a coupon rate of 8%, and a yield to maturity of 7%. After three

FBM Ltd issued a bond with a par value of RM1,000, a coupon rate of 8%, and a yield to maturity of 7%. After three years the market price of the bond had decreased by 5%. Required: (i)What is the value of the bond after three years? (7 marks) (ii) What is the bond current yield in year three? (iii)What should be the most logical action to be taken by the investor of the bond?

Briefly explain: (i) What is a "load" for mutual fund and what is the difference between "load" and *no-load" funds. (ii)In the current situation of rising inflation, would investment in real property be better than the stock market? Discuss

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