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What is the value of 8%, 10-year bond with par value of RM1,000 paying semi annually coupon payment with market interest rate is 8% per

  1. What is the value of 8%, 10-year bond with par value of RM1,000 paying semi annually coupon payment with market interest rate is 8% per annum.

(4 marks)

  1. Farhan has decided to invest RM950 in 14% semi-annual coupon, 10 years bond.What is the yield-to-maturity if the par value is RM1,000?

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