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Given below is information about three RM1000 par value bonds, each of which pays coupon semiannually. The required rate of return on each bond is
Given below is information about three RM1000 par value bonds, each of which pays coupon semiannually. The required rate of return on each bond is 10%. a) Without performing any calculations, determine whether each bond should sell at a discount, par value or premium. b) Calculate the bond market price
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