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Question 1 (c) Suppose that you purchased bond three years ago at discount of RM80,000 and nine years remaining to maturity. The market price of

Question 1

(c) Suppose that you purchased bond three years ago at discount of RM80,000 and nine years remaining to maturity. The market price of this bond today is RM90,000. What are some reasons why the price of this bond could have increased from time you purchased it three years ago? (Par Value = RM100,000) (6 marks)

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