A five-year sukuk has 5% profit rate and a par value of RM100. It has a yield
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A five-year sukuk has 5% profit rate and a par value of RM100. It has a yield to maturity 0f 6%. Compute the sukuk price if the profit paid on a 6-month basis.
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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