Question
Mr. X bought a bond at 1000 at a 10% coupon rate. But he
intends to sell the bond after a year to Mr. Y. Mr. Y purchased the bond at 986. At the end of the second year, Mr. Y got the interest income on his bond. What is his (Y) current yield?Solution
          Current Yield = interest income/current price of a bond           Interest Income = 1000@ 10% = 100           Current Market price = 986           Current Yield = 10.14%
Select the most appropriate synonym of the given word.
IMITATION
In each of the following questions, a word has been given and used in three statements. You are supposed to identify which of the statement/s use/s the ...
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
Select the most appropriate synonym of the given word.
ACCURATE
Select the correct antonym of the given word.
Exodus
Directions: In each of the following questions, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sente...
In the following question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to se...
Select the most appropriate antonym of the given word.
Emancipate
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
A person unselfishly concerned for or devoted to the welfare of others.
