ABC Corporation has decided to sell ₱1000 bonds which will pay semiannual dividends of ₱20 (2% per period) and will mature in 5 years. The bonds are sold at ₱830, but after brokers' fees and other...

ABC Corporation has decided to sell ₱1000 bonds which will pay semiannual
dividends of ₱20 (2% per period) and will mature in 5 years. The bonds are sold at
₱830, but after brokers' fees and other expenses the company ends up receiving ₱760.
Is the bond a good buy for an investor who expects a 9% return on his investments?