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First question A RM1,000 5-year coupon of 9% per annum payable quarterly bond is sold at a premium of RM10. Determine the selling price of

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A RM1,000 5-year coupon of 9% per annum payable quarterly bond is sold at a premium of RM10. Determine the selling price of the bond 25 months after purchase using semi-theoretical approach.

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