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Question 1 (25 marks) 1.1 A company has two different bondscurrently outstanding. Bond X has a face value of R20 000 andmatures in 20 years.

Question 1 (25 marks) 1.1 A company has two different bondscurrently outstanding. Bond X has a face value of R20 000 andmatures in 20 years. The bond makes no coupon payments for thefirst six years 1 answer

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