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Money and capital market 2) JUTT'S 12 YEAR BONDS ARE SELLING AT THE MARKET PRICE OF RM900. THE COUPON RATE IS 10% AND THE PAR

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Money and capital market

2) JUTT'S 12 YEAR BONDS ARE SELLING AT THE MARKET PRICE OF RM900. THE COUPON RATE IS 10% AND THE PAR VALUE IS RM1000. SOLVE THE YIELD TO MATURITY OF THE BONDS USING TRIAL N ERROR METHOD

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