Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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(b) A debt of RM3,000 will mature in three years’ time. Assuming that the money is
worth 14% compounded semi-annually, calculate the following:
(i) The value of this debt at the end of first year.
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