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Company Xs bonds have a 10% coupon rate. The interest is paid semi-annually and the bonds mature in five years. Their par value is RM100. 

Company Xs bonds have a 10% coupon rate. The interest is paid semi-annually and the bonds mature in five years. Their par value is RM100. Assuming that your required rate of return is 8%, what is the value of the bond? What would be the value of the bond if the interest is paid annually?

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