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qucauu 'l' MlCRO-CASES-V5814.91311 ------ Mention this Code for answering this question. Requirement-A. CTR Ltd issued a corporate bond 3 years ago. This 16-year 9.3 percent

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qucauu" 'l' MlCRO-CASES-V5814.91311 ------ Mention this Code for answering this question. Requirement-A. CTR Ltd issued a corporate bond 3 years ago. This 16-year 9.3 percent bond was issued at a par value of $1000. Coupons are paid semi-annually. The bond is currently selling at $814.91. Calculate the current yield to maturity for this bond. Requirement-B. The par value of the current 25-year 11% bond of PTR Ltd is $3,000. The bond has a remaining life of 11 years and the coupon is paid quarterly. The current market yield for a similar risky bond is 14.96%. What would be the expected market price for this bond? Requirement~C. The market expects 13.1 percent returns from the ordinary shares of ETR Ltd, which has just declared a dividend of $3.94 per share. it is anticipated that the earnings and dividends of EI'R Ltd share will grow at 18 percent for the next 4 years before settling down to a constant 6.2% growth rate. What price is expected for ETR share by the investors?

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