Exxa Capital Berhad's capital are as follows: Bonds: The company's callable bond was sold for RM924 and will be redeemed at RM1300 per unit. The bond has a maturity of 25 years with semi - annual coupon of 5.8% per annum. Preferred stocks: The dividend rate is 12% on a par value of RM100, and the interest rate is 6.75%. Common stocks: The company paid dividend for financial year ending 2022 for RM0.038 per unit. The current rate of return is 6.18% and the constant growth dividend is 4%. New bonds: As part of the company's expansion new bonds issuance is planned at the end of 2024. The bond maturity is 25 years, quarterly coupon at a rate of 1 1. Calculate the bond's annual yield to maturity. 2. Calculate the price of the preferred stock. 3.Calculate the current price of the common stock. 4. Calculate the net proceed of the bond issuance. 5.Calculate the net proceed of the bond issuance.
Exxa Capital Berhad's capital are as follows: Bonds: The company's callable bond was sold for RM924 and will be redeemed at RM1300 per unit. The bond has a maturity of 25 years with semi - annual coupon of 5.8% per annum. Preferred stocks: The
Calculate the current price of the common stock. 4. Calculate the net proceed of the bond issuance. 5.
Calculate the net proceed of the bond issuance.
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