Perodua Bhd has issued 500,000 units of zero-coupon bonds at a price of RM51 per unit of
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Question:
Perodua Bhd has issued 500,000 units of zero-coupon bonds at a price of RM51 per unit of bond. The maturity period of the bonds is 10 years and the par value per unit is RM100. Determine the yield of maturity from investment in this bond.
Related Book For
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
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