A bond matures in five years with a coupon rate of 7% and a maturity value of RM10 million. Given that the interest payment is yearly and the discount rate is 5%, find the Present Value of the bond.
An investor purchases 1000 shares of ABC Bhd for RM10 per share and receives an annual dividend of 20 sen per share. He sells the shares 5 years later at RM11. The rate of return is:
A zero coupon bond has a maturity of three years and a maturity value of RM1,000. Given that the discount rate is 7%, what is the Present Value of the bond?