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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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International financial management
Authors: Jeff Madura
12th edition
1133947832, 978-1305195011, 978-1133947837
