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(ii) Celcom Corporations has RM1000 bonds with a 16-year maturity that pays semiannual coupon of 9%. The interest rate (rd) is 8% a) Calculate the

(ii) Celcom Corporations has RM1000 bonds with a 16-year maturity that pays semiannual coupon of 9%. The interest rate (rd) is 8%

a) Calculate the bonds price.

b) Calculate the bonds price if the interest rate goes down to 5.5%. Relate this scenario with price risk.

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