Question
A RM1,000,000 coupon bond mature in 10 years has a coupon rate of 8.25 percent and the rate of return is 7.5 percent compounded annually.
A RM1,000,000 coupon bond mature in 10 years has a coupon rate of 8.25 percent and the rate of return is 7.5 percent compounded annually. Calculate the price of this bond and what can you say on the value of the bond, premium? Par? Or Discount?
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Bitcoin Complete Guide To Bitcoin Understand Everything From Getting Started With Bitcoin Sending And Receiving Bitcoin To Mining Bitcoin
Authors: Mr Mark Gates
1st Edition
1974565491, 978-1974565498
