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2 . Sizuka Motors bonds have 1 0 years remaining to maturity. Interest is paid annually, the bonds have a RM 1 , 0 0

2 .

Sizuka Motors

bonds have

10

years remaining to maturity. Interest is paid annually, the bonds have a RM

1, 000

par value, and the coupon interest rate is

8 % .

The bonds have a yield to maturity of

9 % .

What is the current market price of these bonds?

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