will pay RM1,000 ten years from now. If the going rate of return on these 10-year bonds is 5.5%, how much is the bond worth today?

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Guest May 31, 2015

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Best Answer

$$\\1000=X(1+0.055)^{10}\\\\
1000\div (1.055)^{10}=X\\\\$$

Melody May 31, 2015

Melody · Answer 1 · 2015-05-31T09:37:21

$$\\1000=X(1+0.055)^{10}\\\\
1000\div (1.055)^{10}=X\\\\$$

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