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Permata Corporation issued bonds on January 1 2005. the bonds had a coupon rate of 4.5%, with interest paid annually. The face value of the
Permata Corporation issued bonds on January 1 2005. the bonds had a coupon rate of 4.5%, with interest paid annually. The face value of the bonds is RM1000 and the bonds mature on January 1, 2020. What is the value of Permata Corporation bond on January 1, 2010 to an investor with a required return of 7%?
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