Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question

Suppose you were offered an 18-year, 13 percent annual coupon, RM1,000
par value bond at a price of RM1,494.93. Calculate;


i. Yield to Maturity (YTM)

ii. Yield to Call (YTC) if call price is RM1,200 and remaining years is 8
years.

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