A bond pays RM80 per year in interest (8% coupon). The bond has 5 years before it

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A bond pays RM80 per year in interest (8% coupon). The bond has 5 years before it matures at which time it will pay RM1,000. Assuming a discount rate of 10%, what should be the price of the bond?

Posted Date: May 18, 2024 11:09 PM

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A bond pays RM80 per year in interest (8% coupon). The bond has 5 years before it

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