How many years he has to hold the bond

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Sakaran Dadai decides to invest in zero coupon. The bond was bought at a discount at RM 565 and would be redeemed by the issuer at RM 1,400. If the bonf carries a discount rate of 4 %, and Sakaran will hold it until maturity, for how many years he has to hold the bond?

Reference no: EM132546679

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