Question
A bond that pays compounded interest but the actual cash
payment of the bond is deferred till maturity is known as:Solution
· An accrual bond is a bond in which the interest or coupon of the bond keeps accruing and is paid at the time of maturity and not at regular intervals. The interest is thus, cumulative that is paid on maturity. · A zero coupon bond is one that pays no periodic interest and are sold at a discount to par value. · A step-up bond is one that has a coupon rate that increases over time as per a specified schedule. · Floating rate bond is one on which the coupon rate is not fixed but based on a market reference rate (like MIBOR) plus some margin. · A debenture is like a normal bond on which no specific collateral is given by the issuer.
If all the letters in the word ‘LEAVING’ are arranged in alphabetical order from left to right such that the vowels are arranged first followed by...
Select the option that represents the letters that when placed from left to right in the blanks below will complete the letter series.
U F F...If we remove all the letters from this series, then which of the following element will be 7th from left end?
What is the function of "LOOKUP"?
How many such pairs are there in the word ‘TELEPHONE’ (in both forward and backward directions) each of which has as many letters between th...
In the given arrangement, how many numbers are between the second symbol from the right end and the third symbol from the left end?
Study the following arrangements carefully and answer the questions.
% I 7 X 6 # 5 H O ^ J & 9 $ 1 N @ 6 L X ? 5 L * 8 ! 2 > 1 E
...
How many numbers are there which are immediate succeeded by a letter and immediate proceeded by a symbol?
Select the combination of letters that when placed sequentially in the blanks of the given series will complete the series.
T __ __ O K __ __ ...
What is the code of ‘peoples’?
