Question
What will the duration of the bond if the current market
value of a bond is Rs.102.50 and the market value decreased by Rs.2.50 when the interest rates increased by 0.5%?Solution
Duration = %change in price/%change in interest rates = (2.5/102.5)/(0.5%) = 2.44%/0.5% = 4.88 years
In Microsoft Word, which shortcut is used to select an entire paragraph quickly?
Which memory type has the fastest access time?
It is device that optically scans images, printed text, handwriting or an object and converts it to a digital image called
Second generation of computers consists of which of the following?
If configured correctly, the ______ will prevent interaction with your computer after a specified time period.
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