Question
A bond has a face value of ₹100, carries a coupon
interest rate of 8%, and is currently trading in the market at ₹90. What is its current yield?Solution
The formula for current yield is: Current Yield=(Annual Coupon Payment / Market Price )×100 • Annual interest (coupon payment) = 8% of ₹100 = ₹8 • Market price = ₹90 Current Yield=8/9 × 100 = 8.89% ≈ 9% Current Yield Correct Answer: 9%
96 111 131 ? 186 221
19 8 ? -14 63 - 36
...140 300 380 420 440 ?
...3720 3842 ? 4092 4220 4350
22 44 176 1078 8448
...3456 1728 2592 6485 22680 102060
...5 6 14 �...
Identify the logic of the below given series and given answer.
Series I :: 81, 89, 116, 241, (A), 1915
Series II :: (B), 204, 208, 4...
35 36 40 49 65 ?
...If 24 33 x 42 6 51
Then, 20% of x + 40% of x=?
...
Relevant for Exams:
