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d. Serangkai Corporation bonds pay RM70 in annual Interest, with a RM1,000 par value. The...

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d. Serangkai Corporation bonds pay RM70 in annual Interest, with a RM1,000 par value. The bonds mature in 17 years. Your required rate of return is 8.5 percent. 1 Calculate the value of the bond. (2 marks)

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