A 12 percent coupon bond has 10years to maturity and discounted semi annually. Its current market price is Tk. 995, and 1st call price is Tk. 1065, calculate the YTC of the bond (trial & error approach) and interpret your findings focusing on bond pricing.
Ty is a real estate agent and receives 2.5% commission on the first $200000, 1.5% on the next $100000 and 1% on the value thereafter. Find his commission for selling a property worth $825000