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If a bond is currently selling at RM1,100 and a par value of RM1,000 with...

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Question

Finance

If a bond is currently selling at RM1,100 and a par value of RM1,000 with 10 years to maturity, a 10 percent coupon and semi-annual payments, then

Select one:

A. each payment of interest equals RM55.

B. each payment of interest equals RM100.

C. each payment of interest equals RM75.

D. each payment of interest equals RM50.

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