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Question 2 A RM1,000 coupon bond mature in 10 years has a coupon rate of 8 percent. Calculate the price of this bond, using the

Question 2

A RM1,000 coupon bond mature in 10 years has a coupon rate of 8 percent. Calculate the price of this bond, using the following market rate of interest of:
6 percent.
8 percent.
12 percent.

In (a) i, calculate the price of the bond if the interest is paid semi-annually.
In (a) ii, calculate the price of the bond if the interest is paid-quarterly.

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