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Mega bus bhd. issued RM10 millions of RM1000 par velue. the annual coupon rate is 9%, payable semi annually. The convertible bond have 8 year
Mega bus bhd. issued RM10 millions of RM1000 par velue. the annual coupon rate is 9%, payable semi annually. The convertible bond have 8 year to maturity. The coversion price is RM25. Other similar bond market in the market are yielding ata 12% per annum. Mega Bus Bhd. Share are currently sellig at RM30 per share.calculate the value of the bond if you hold it until maturity
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Essentials Of Business Statistics Communicating With Numbers
Authors: Sanjiv Jaggia, Alison Kelly
1st Edition
9780078020544
