Question
Bond face value ₹1000, coupon 10%, maturity 5 years,
YTM 12%. Price = ? (PV factors: 3.605 for annuity, 0.567 for single sum)Solution
Price = (₹100×3.605) + (₹1000×0.567) = ₹360.50 + ₹567 = ₹927.50.
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