• Ahmad plans to sell the bonds he currently owns in Telecom Bhd. The bonds have a coupon rate of 7% and is payable on a semi-annual basis. The bonds were purchased 5 years ago and have a remaining maturity period of 5 years. The market price of the bonds is currently quoted at RM95 per unit. Should Ahmad proceed with his plan of selling the bonds if the current market interest rate is 8%?

  
  

Answer rating: 100% (QA)

Ahmad owns bonds issued by Telecom Bhd The bonds have a coupon interest rate of 7 Interest is paid s... View the full answer