Question
A company issues ₹10 crore worth of bonds at a coupon
rate of 8% annually, while the market interest rate is 10%. The bonds are sold at a discount. What is the most likely reason behind this pricing?Solution
When the coupon rate is lower than the prevailing market rate, the bond must be offered at a discount to attract investors.
A cyclist was moving with a speed 20 km/hr. Behind the cyclist at a distance of 100 km was a biker moving in the same direction with a speed of 40km/hr....
Find the value of (25)ᶟ + (–29)ᶟ + (4)ᶟ
The Blind river dolphins are found in the water of:
Match List I with List II
Choose the correct answer f...
Which one of the following rivers flows in a rift river?
A, B, C, D and E are standing in row. 'A' is between 'B' and 'D'. E is not at the starting of row. 'C' is just before D. Study above statement and answe...
In the given figure ABCD is a rhombus, the value of x is.
Two numbers are in ratio of 7 : 10 and if the sum of the numbers is 119. Find the difference of the numbers.
The practice of erecting megaliths began about 3000 years ago, and was prevalent throughout the Deccan, South India, in the North-East and Kashmir. All ...