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Please answer these questions with details. (a) Compute the current price of bond of HJK Inc. This is a 20-year semiannual coupon bonds with a

Please answer these questions with details. image text in transcribed
(a) Compute the current price of bond of HJK Inc. This is a 20-year semiannual coupon bonds with a face value of RM 1,000 . If the annual coupon rate is 13% and the current yield to maturity is 8% ? (7 marks) (b) Discuss how would you determine a zero-coupon bond price If you are the finance manager of a company? (6 marks) (c) KLP bond has $1,000 face value 6% coupon bonds that make semiannual payments, and have 12 years remaining to maturity. If the current price for these bonds is $987.24, what is the annualized yield to maturity? (7 marks)

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