Question
 Which of the following methods of redeeming the bonds
before maturity is generally considered the most detrimental for bondholders?Solution
The call provision gives the issuer the right to purchase the bonds at a given price, which the issuer would not do unless that price was below the market price. This is detrimental for bondholders as they will get call price as a redemption price and will face reinvestment risk as they will have to invest their proceedings at a lower rate.
A, B, and C can each complete a certain work individually in 35 days, 20 days, and 28 days, respectively. If B and C work together for x days, and then ...
Determine the number of factors of 360.
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Find the value of ‘x’ if x% of 600 + {1440 ÷ x of 16} × 8 = 156
The diameter of the base of a right circular cone is 4.2 cm and its height is 10 cm. calculate the volume of the cone.
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Calculate the difference between the area of a wall having dimension 22 cm X 23 cm and the area of a spherical bowl having diameter 14cm.
