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Question 9 Cator Sdn Bhd has RM500,000 in excess cash and is planning to invest this in marketable securities. A transaction fee of RM8,000 has

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Question 9 Cator Sdn Bhd has RM500,000 in excess cash and is planning to invest this in marketable securities. A transaction fee of RM8,000 has to be paid for the company to trade in the securities. Required: (b) What minimum required yield would the securities have to return if they are held for three months, and to earn enough to cover the transaction fee as well as make an additional RM8,000 for the firm

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