Time left 1:24:56 You can drag and drop files here to add them. On the recommendation of his friend, Deendayal is currently appraising the Martjio's debenture (face value Rs. 1000) that was issued at face value 3 years ago. Other features of this debenture at the time of issue were annual coupon rate 9%, and maturity after 10 years at 6% premium. Martjio's debenture is currently trading at Rs. 1030 in the market. His friend has already bought the debenture at the time of issue and Deendayal also finds the investment in this debenture attractive so decides to buy it from the market now. Ignore the tax. Calculate the following: (a) What was the YTM (Yield to Maturity) at the time of issue? [b) From the Deendayal's perspective what would be the YTM, If he purchases the debenture now? B 1