(b) Bank Negara Malaysia (BNM) has decided to sell RM10 million worth of Japanese government bonds to CIMB Bank Malaysia

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answerhappygod
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(b) Bank Negara Malaysia (BNM) has decided to sell RM10 million worth of Japanese government bonds to CIMB Bank Malaysia

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(b) Bank Negara Malaysia (BNM) has decided to sell RM10 million
worth of Japanese government bonds to CIMB Bank Malaysia.
Illustrate the impact of this transaction using T-
accounts of BNM and CIMB Bank. (10marks)
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