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%
A boat can travel 270 km downstream in 9 hours and 63 km upstream in 14 hours. Find the speed of the current.
The velocity of a boat when moving downstream is 18 km/h greater than the speed of the stream. If it takes the boat 8 hours to travel 192 km downstream,...
The speed of the stream is 14 km/h. Boat ‘A’ covers 130 km distance against the stream in 5 hours and boat ‘B’ covers 100 km distance against th...
A boat can cover 143 km in downstream in 11 hours and 120 km in upstream in 12 hours. Find the speed of boat in still water
A boat moves 25km upstream and 39km downstream in 8 hours. It travels 35km upstream and 52km downstream in 11 hours. What is the speed of the stream if ...
Speed of boat is 25 km/hr. Speed of the stream is 20% less than speed of boat. Then find time taken by boat to go 90 km downstream?
A boat running downstream covers a distance of 60 km in 6 hrs and covering the same distance upstream in 15 hrs. What is the speed of a boat in still wa...
A man rows to a place 42 km away and comes back to the starting point. If the speed of the stream is 2 km/hr and the speed of the boat in still water is...
A swimmer swims from a point A against a current for 12 minutes and then swims backwards in favour of the current for next 12 minutes and comes to the p...
Before rain a boat can cover 90 km in still water and the same distance upstream in 6 hours and 9 hours, respectively. Due to the rain the speed of the ...
Relevant for Exams:
