What price is investor willing to buy pt cipamingkis bond

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Problem 1: PT Cipamingkis Bonds with a nominal value of Rp10,000,000 with a term of 20 years have a coupon rate of 10%, which is paid every semester. If the investor asks for a 12% yield, at what price is the investor willing to buy the PT Cipamingkis bond and what is the effective annual yield of the bond.

Reference no: EM132763580

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