Question

An investor purchased a bond for ₹1,200 that pays an annual interest of ₹100 and matures in 5 years at face value of ₹1,000. What does this suggest about yield vs coupon?

A Yield > coupon
B Yield < coupon
C Yield = coupon
D Not enough data
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RBI Grade B 2026 Phase 1 Memory Based Paper
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