Zulkifli Mustafa Motor has just paid cash dividend of RM1.87 per share. Investors require a 12% return from investments. The dividend is expected to grow at a constant rate of 7% per year. The company had issued a bond before. The bond has 10 years remaining to maturity. Interest is paid annually, the bonds have a RM1000 par value, and the coupon interest rate is 8%