QUESTION 4 (CLO 5) Lahey Industries has an outstanding of RM1,000 par value bond with an 8% coupon interest rate. The bond has 12 years remaining to its maturity date. Required: a) If interest paid annually, find the value of the bond when the required retum is (1) 7%, (ii) 8%, and (ii) 10% b) Indicate for each case in part (a), whether the bond is selling at a discount, at a premium, or at its par value. c) Using the 10% required return, find the bond's value when interest is paid semi annually. (25 marks)