Question
A Debenture of face value of Rs.500 is currently
quoting at Rs.530. The duration of the debenture is 3 years. The market interest rates moved from 4.5% to 5.5%. What would be the new price of the debenture?Solution
With duration of 3 years, an increase in interest rates by 1%, the price of the bond will fall by 3%. As such the new price of bond  = 530 – (3% of 530)                                                = 514.1 Â
The black cotton soils of India are
- Which hormone is responsible for the let down of milk in cow?
The saturated flow of water in the soil is maximum in ___ soils.
Parthenium Awareness Week in India during the month of August each year is coordinated / organized by which directorate/institute of ICAR?
In which state of India was the first cotton mill set up in 1854?
Of which South-East-Asian country did Joko Widodo become the President in 2019 for the second time?
The first KVK was established in 1974 at Pondicherry under which university?
Which of the following is not matched correctly?
Under Micro-Economics study of?
Damping Off in Papaya is characterized by which of the following symptoms?
