Calculate the value of the bond in february 2021

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In August 2017, a company launched a corporate bond with a nominal value of IDR 25 million. The bonds will mature in August 2025. The coupon for the bonds is 12%, payable semi-annually in February and August. If the investor requires a return of 10%, calculate the value of the bond in February 2021!

Reference no: EM132613579

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