Requirement-A. CTR Ltd issued a corporate bond 6 years ago. This 22-year 9.6 percent bond was issued at a par value of $1000. Coupons are paid semi-annually. The bond is currently selling at $844.03. 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 9 years and the coupon is paid quarterly. The current market yield for a similar risky bond is 13.88%. What would be the expected market price for this bond?

Requirement-C. The market expects 13.0 percent returns from the ordinary shares of ETR Ltd, which has just declared a dividend of $2.47 per share. It is anticipated that the earnings and dividends of ETR Ltd share will grow at 19 percent for the next 3 years before settling down to a constant 6.3% growth rate. What price is expected for ETR share by the investors?