Question
Which term refers to the specific rate of interest
carried by a bond?Solution
The coupon rate of a bond is the annual interest rate that the issuer agrees to pay the bondholder until the bond matures. The coupon rate is stated as a percentage of the bond's face value, which is the amount of money that the bondholder will receive at maturity. For example, if a bond has a face value of $1,000 and a coupon rate of 5%, the issuer will pay the bondholder $50 in interest every year until the bond matures. The coupon payments are usually made semi-annually or annually, depending on the terms of the bond.
- βMβ has 15% less balls than βNβ. βNβ has 10% more balls than βOβ. By how much percent the number of balls with βMβ are less than those ...
The income of P is 2/5th of the income of Q and income of R is 60% more than the income of Q. Income of Q is Rs.20000 and expenditure of P is...
Income of 'A' is Rs. 1,000 more than that of 'B'. Both spend 20% of their respective incomes. If the savings of 'C' is 16% of his income and is equal t...
In a school, 25% of the students like cricket, 40% like rugby and the rest like football. If the number of students who like football exceeds 50% of tho...
In a Village, 50% of the total population are females and 70% of the males are literate people. If total number of literate males are 1050 and the rati...
A, B, C, and D purchased a cine-multiplex for Rs. 56 lakhs. The contribution of B, C, and D together is 366.66% that of Bβs contribution and contribut...
Meenu spent 10% of the salary on entertainment and 20% on makeup. She spent 20% of the remaining on the food and 50% of the remaining invested in mutual...
A man invested all his current month income in starting of a new business in which he spends 25% in advertisement 20% of remaining in furniture 10% of r...
The only expenses of Arun are on grocery, rent and fun expenses. Arun spent Rs. 5,000 on fun, amount spent by him on rent is Rs. 9,000 more than that on...
Out of his total income, Amit spent 30% on food, 50% of the remaining income on rent, and saved the remaining income which amounts to Rs. 14,000. Rohit'...