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Question 2 (a) A bond has a par value of S$1,000 and a coupon rate of 3.75% payable semi- annually. Calculate the S$ amount

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Question 2 (a) A bond has a par value of S$1,000 and a coupon rate of 3.75% payable semi- annually. Calculate the S$ amount of the semi-annual coupon payment. (4 marks)

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