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DeCottage Craft Berhad has issued a bond with par value of RM1,000, a coupon rate of 9 percent that is paid semi-annually, and that matures

DeCottage Craft Berhad has issued a bond with par value of RM1,000, a coupon rate of 9 percent that is paid semi-annually, and that matures in 10 years. What is the value of the bond if the required rate of return is 12 percent? the bond has a face value (F) of RM1,000, a coupon rate (C) of 9 percent paid semi-annually, a maturity (n) of 10 years, and a required rate of return (r) of 12 percent. number of periods (n) since the coupon payments are semi-annual, and the bond matures in 10 years. There are 20 semi-annual periods (10 years * 2)

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