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Q2: Mr. Cash is considering to invest in one of the two bonds. Bond 1 pays a coupon rate of 7% and it is

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Q2: Mr. Cash is considering to invest in one of the two bonds. Bond 1 pays a coupon rate of 7% and it is currently trading at RM920, while Bond 2 pays a coupon rate of 8% and it is currently trading at RM1,100. Help Mr. Cash in deciding which is a better investment option.

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