Question
A bond with a face value of ₹1,000 pays an annual
coupon of 8% and matures in 5 years. If the current market yield for similar bonds is 10%, the bond is most likely trading at:Solution
When the market yield (10%) is higher than the bond's coupon rate (8%), the bond becomes less attractive. To compensate buyers, its price falls below its face value, i.e., it trades at a discount.
Which among the following horticulture crop has lowest production
Which one is the bacterial disease of wheat?
If the increase or decrease of one product increases or decreases the other product, the relationship between both the products is known as:
The maximum amount of energy is liberated on oxidation of ____
Triose phosphate is formed in the reduction step of
Which of the following plant species is used to produce soft rot resistance through protoplasm fusion?
Which jasmine species has a variety called 'Florepleno' that shows a double-flowered form?
One cusec of water is equal to how many liters of water per second?
Synthetic pyrethroids should not be used for the control of rice insect pest because it increase the population of
How many segments does the abdomen of both male and female cockroaches consist of?