Answer to Question #286012 in Other for azasazmi

Question #286012

En. Ali is the owner of 100 bonds issued by ABC Bhd. These bonds have 8

years remaining to maturity, an annual coupon payment of RM80, and a par

value of RM1,000.

He purchased the bond 2 years ago when the interest rate was 8.5 percent.

Due to the pandemic, the interest rate has fallen by 1.7 percent from it was

2 years ago. Considering this, En Ali decided not to hold the bonds till

maturity but to sell it today.

Help him to compute his total capital gain from this investment


1
Expert's answer
2022-01-11T09:06:11-0500
Dear azasazmi, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

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