Zhen Yi Computers has an outstanding issue of bond with a par value of RM1,000, paying 12 percent coupon rate semi-annually. The bond was issued 25 years ago and has 5 years to maturity.

Required:

1. What is the value of the bond assuming 14 percent rate of interest?
2. What is the current yield?
3. O'Brien Ltd.'s outstanding bonds have a RM1,000 par value, and they mature in 25 years. Their nominal annual, not semi-annual yield to maturity is 9.25%, they pay interest semi-annually, and they sell at a price of RM1,075. What is the bond's nominal coupon interest rate?