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gol Investments bond pays out biannual coupon payments of 7% p.a. The interest rate is 5%. (A) Calculate the value of this 15-year bond with

gol Investments bond pays out biannual coupon payments of 7% p.a. The interest rate is 5%. (A) Calculate the value of this 15-year bond with a R60 000 maturity value. (B) Three years after taken out the bond the interest rate increased to 7%.Re-calculate the PV

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