After graduation, you work as a Financial Analyst in a reputable multinational company in Kuala Lumpur. Your superior has assigned you a new task. You are required to analyse the following bonds....


After graduation, you work as a Financial Analyst in a reputable multinational company in Kuala Lumpur. Your superior has assigned you a new task. You are required to analyse the following bonds.


Company. Petron Berhad Shell Corporation


Coupon rate per annum 10% 10%


Maturity in years 15 10


Face value per bond $1,000 $1,000


Yield to maturity per annum 11% 13%


Current selling price per bond $900 $1,100



Based on the above information, you are required to:


a) Compute the current bond prices for both companies if the interest payment is once a year.


b) Based on the above result, provide your conclusion.


c) Discuss three main differences between conventional bond and Islamic bond.



Jun 07, 2022
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