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Problem 2 Meanwhile, Kenneth Kong bought a zero-coupon bond at a price of RM 775. The bond had remaining term of 3 years and

Problem 2 Meanwhile, Kenneth Kong bought a zero-coupon bond at a price of RM 775. The bond had remaining term of 3 years and a maturity value of RM 1,000. What was the yield or the rate of return of the bond to Kenneth.

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