Question
If a government bond is expected to mature in two years and has a current price of RM950, calculate the bond's interest rate/yield if it
If a government bond is expected to mature in two years and has a current price of RM950, calculate the bond's interest rate/yield if it has a par value of RM1,000 and a promised coupon payment rate of 10%. (5 marks)
From part (b) above, illustrate how the bond price/value if the interest rate/yield moves up (increase). (4 marks)
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Top Accounting And Auditing Issues For 2023
Authors: CCH Tax Law Editors
1st Edition
0808059335, 978-0808059332
