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Suppose our firm decides to issue 20-year bonds with a par value of RM1,000 and annual coupon payments 12%. Market interest rate of 10%. ?What

Suppose our firm decides to issue 20-year bonds with a par value of RM1,000 and annual coupon payments 12%. Market interest rate of 10%. ?What would be a fair price for these bonds RM866 RM2,400 RM1,170 RM1,000 * What is the coupon payment of a par value RM1,000 bond at 9% RM90 RM111 RM0.009 RM900

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