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Based on the following investment in corporate bond by Syakir, find the profit/loss (in RM) when he bought an 8.0% corporate bond with the current

Based on the following investment in corporate bond by Syakir, find the profit/loss (in RM) when he bought an 8.0% corporate bond with the current yield of 6.0% and sells the bond one year later with the yield of 7.0%.

[Total: 4 marks]

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