Question: ( b ) A RM 1 , 0 0 0 bond matures in 1 0 years has a coupon rate of 5 percent. Calculate the

(b) A RM1,000 bond matures in 10 years has a coupon rate of 5 percent. Calculate the price of this bond using the following market rate of interest: i.3 percent. ii.5 percent. iii. 7 percent.

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