(not in excel form please) A Microgates Industries bond has a 10 percent...

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(not in excel form please)
A Microgates Industries bond has a 10 percent coupon rate and RM1,000 face value. Interest is paid semiannually, and the bond has 20 years to maturity. (i) If investors required a 12 percent yield, what is the bond's value? (5 marks) (ii) What is the effective annual yield on the bond

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