Question
A 16% bond with a face value of Rs. 250 is available for
Rs. 200 in the market. The current yield on the bond isSolution
Coupon on the bond = 16% of Rs.250 = Rs.40 Yield = Coupon /MP = 40/200 = 20%
Ignorantia Juris Non Excusat means_____________________
Tender isÂ
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