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%
Choose the incorrect pair.
If N is related to Datsun, H is related to Mahindra, which of the following is related to Ferrari?
Who among the following lives on the eighth floor?
Who lives immediate below Q?
Seven boxes T, E, V, W, X, Y and Z are kept one above another. W is three boxes above Y. There are two boxes between W and Z. T is immediately above V. ...
Read the directions below and answer the following questions.
Six persons B, D, E, A, F, and C live in a six-floored building. The bottommost f...
On which of the following floor number does ARUN get in?
E is living on which of the following floors?
- Six boxes S, T, U, V, W and X kept one above another from bottom to top. Box X is two boxes above Box W. Box V is immediately above Box T. Two boxes are ke...
Ramesh is related to the vacant seat of row 1 in the same way as Tushar is related to Ashwani. So the vacant seat of row two is related to who among th...