financial mathematics

A RM1,000 bond with coupons at 8% payable quarterly matures at the end of 10 years. The bond is callable at RM1,050 at the end of year 7 through 9 and at RM1,000 at the end of year 10. Determine the maximum price that an investor can pay and still be certain of a yield rate of 7% convertible quarterly. (7 marks) A RM1,000 bond with coupons at 8% payable quarterly matures at the end of 10 years. The bond is callable at RM1,050 at the end of year 7 through 9 and at RM1,000 at the end of year 10. Determine the maximum price that an investor can pay and still be certain of a yield rate of 7% convertible quarterly. (7 marks) A RM1,000 bond with coupons at 8% payable quarterly matures at the end of 10 years. The bond is callable at RM1,050 at the end of year 7 through 9 and at RM1,000 at the end of year 10. Determine the maximum price that an investor can pay and still be certain of a yield rate of 7% convertible quarterly. (7 marks) A RM1,000 bond with coupons at 8% payable quarterly matures at the end of 10 years. The bond is callable at RM1,050 at the end of year 7 through 9 and at RM1,000 at the end of year 10. Determine the maximum price that an investor can pay and still be certain of a yield rate of 7% convertible quarterly. (7 marks)