Thanks for your help and answered. I will upvote you.

QUESTION 5 a) A company has a RM1,000 par value bond that will mature in 3 years. The Bond offers a coupon rate of 6% and pays interest, semi-annually. The Bond's yield to maturity (YTM) is 10%. i) Calculate the Macaulay and Modified duration of the Bond (10 marks) ii) Assuming that interest goes up to 12%, calculate the estimated new price of the Bond. (4 marks) b) Explain the difference between price momentum strategy and earnings momentum strategy (6 marks)