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Question 3 RBML is proposing to sell a 5-year bond of 5,000 at 8 per cent rate of interest per annum. The bond amount will

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Question 3 RBML is proposing to sell a 5-year bond of 5,000 at 8 per cent rate of interest per annum. The bond amount will be amortised equally over its life. What is the bond's present value for an investor if he expects a minimum rate of return of 6 per cent

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