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You intend to purchase a 10-year, RM1,000 face value bond that pays a coupon rate of 12%. If your annual required rate of return is

You intend to purchase a 10-year, RM1,000 face value bond that pays a coupon rate of 12%. If your annual required rate of return is 10 percent with semiannual compounding, how much should you be willing to pay for this bond

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