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(ii) John has invested in a bond having a face value of Kshs 500,000 with a coupon rate of 12% p.a. payable semi-annually. If the
(ii) John has invested in a bond having a face value of Kshs 500,000 with a coupon rate of 12% p.a. payable semi-annually. If the bond has a maturity period of 10 years, calculate the amount receivable at maturity
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Auditing A Business Risk Approach
Authors: Larry E. Rittenberg, Karla Johnstone, Audrey Gramling
7th Edition
0324663722, 978-0324663723
