Question 1 (30 marks) (a) Tomobusan Gold Ltd wanted to fund its new project by issuing unsecured bond with a face value of $1,000. The bond has a coupon of 8.6% payable annually and mature after 4 years. What is the value of the bond if investors demand a yield of 6.3%? (15 marks) (b) Smooth Transportation Ltd has just paid $1.30 dividends to its shareholders. Thereafter, the dividend payments are projected to grow at a rate of 3.5% for another three years, to be paid annually. From the fourth year onward, the company will adopt a constant dividend growth policy of 3.2% annually. If the required rate of return is 10%, what is the intrinsic value of the share? (15 marks) Question 2 (30 marks) The yearly income of a random sample of 10 bank executives was recorded in thousands of dollars as follows: 49 97 88 123 66 95 74 93 79 84 Calculate: (a) the mean, median and mode (b) the standard deviation (7 marks) (8 marks) (c) the coefficient of variation (5 marks) (d) the interquartile range (10 marks)