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2. JUULUI Ray Bond has a par value of RM 1,000. The bond carry an annual coupon interest rate of 7% and the annual required

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2. JUULUI Ray Bond has a par value of RM 1,000. The bond carry an annual coupon interest rate of 7% and the annual required rate of return is 12%. The bond mature in 10 years Calculate the value of the bond if the interest paid semiannual Select one: a. 719.44 b. 800.987 1.789 902 0715 416

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