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Homework answers / question archive / WISTA Berhad issued bonds which have a coupon rate of 8%, par value of RM1,000 and will mature in 3 years
WISTA Berhad issued bonds which have a coupon rate of 8%, par value of RM1,000 and will mature in 3 years. Assume that the required rate of return is 7% and the interest is paid annually. What is the price that you would be willing to pay for the bond?
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