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If interest rates drop to 6%, the bond will continue paying out at 8%, making it a more attractive option. Investors will purchase these bonds, bidding the price up to a premium until the effective rate on the bond equals 8%. On the other hand, if interest rates rise to 10%, the 8% coupon is no longer attractive and the bond price will decrease, selling at a discount until it's effective rate is 8%.
On dividing (5757 + 57) by 58, the remainder obtained is ‘R’. Find the value of (R – 5).
Three numbers are in the ratio 5:9:12. The sum of the largest and smallest of these numbers is 8500. What is the difference between the largest and smal...
If the 5-digit number 535ab is divisible by 3, 7 and 11, then what is the value of (a²-b² + ab)?
If the square root of 1024 is added to 30% of a number we get 4 less than 2/5th of the number. What is 3/8th of the number?
...Total of Series of n terms 1 + 1 + 3 + 1 + 3 + 5 + 1 + 3 + 5 + 7 ……………………
The sum of the digits of a two-digit number is 7. If 45 is subtracted from this number, the resulting number has its digits reversed. Determine the orig...
Three numbers are in the ratio 2:5:7. If the difference between the sum of the smallest and the largest number and the sum of the smallest and the secon...
