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FOUR A. Briefly explain the role of the coupon rate. (2 marks) B. Company XYZ has a 10-year bond issued at par K1,500, with a

FOUR A. Briefly explain the role of the coupon rate. (2 marks) B. Company XYZ has a 10-year bond issued at par K1,500, with a 12% coupon rate, These bonds were called after 3 years at a premium of 10% of par value, ( 4 marks) C. Bond ABC has a K1,000 face value and provides an 8% semi-anulal coupon for 15 years, The appropriate discount rate is 10% per annum Determine the value of the coupon bond. (f marks) D. Discuss the difference between a common stock und a preferrd stock. (4 marks)

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