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24-05-2023
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A RM 1,000 par value bond has 7.5% semiannual coupons and matures on 1st July 2020 at RM 1,050. By using the actual number of days, find:
i) the actual selling price of this bond on November 15th 2016 based on an effective rate of interest 5.8% convertible semiannually.
ii) the accrued interest

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