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Question 2: Calculate the value of a bond with 100 face value, 4 years to maturity, coupon rate of 6% p.a. paid semi-annually, when the
Question 2: | |||
Calculate the value of a bond with 100 face value, 4 years to maturity, coupon rate of 6% p.a. paid semi-annually, when the discount rate (expected rate of return on similar instruments) is: | |||
8.1 | % p.a. |
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