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.
Select the correct passive form of the given sentence.
Who keeps the accounts of this hotel?
Select the correct passive form of the given sentence.
This institute is offering a new online course in Entrepreneurship.
Arrange the given words in the sequence in which they occur in the dictionary.
A. Dopey
B. Disunion
C. Doctrine
D. Disputant
Select the correct passive form of the given sentence.
Light a candle in the memory of the brave martyrs.
Choose the option that is the active form of the sentence.
By whom was this poem written?
Select the option that expresses the following sentence in passive voice:
She writes a letter every day.
Choose the option that is the passive form of the sentence.
The Municipal Corporation changed the manhole covers before the rainy season.
Select the correct active voice of the given sentence.
Aspersions are being cast on the treasurer of the society by some members.
Choose the option that is the passive form of the sentence.
The child tore the page of the book.
- Select the correct passive form of the given sentence.
The peon did not ring the bell on time.