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A ten - year RM 1 0 0 par value bond pays 8 % coupons semiannually. The bond is priced at RM 1 1 8
A tenyear RM par value bond pays coupons semiannually. The bond is
priced at RM to yield an annual nominal rate of convertible
semiannually.
a Calculate the redemption value of the bond.
b Calculate the book value of the bond at the end of year.
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