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Teratai berhad issued a 20 years bond 5 years ago with a par value of Rm1000. the coupon rate is 9% per annum with a

Teratai berhad issued a 20 years bond 5 years ago with a par value of Rm1000. the coupon rate is 9% per annum with a required rate of return 12%. What is the amount you would be willing to pay for this bond?

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