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Lily bought a bond that matures in 10 years and pays 6% interest. The bond had a face value of RM10,000. He received 10 annual

Lily bought a bond that matures in 10 years and pays 6% interest. The bond had a face value of RM10,000. He received 10 annual payments of RM1,358.68. This bond was

Select one:

a. a Euro bond.

b. a mortgage bond.

c. an amortizing bond.

d. a zero coupon bond.

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