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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%.
Which Indian state was the first to be formed on a linguistic basis?
What is the minimum age qualification to become Chief Minister of any State in India?
Which of the following is not a department under Ministry of Finance
Which of the following countries shares the longest border with India?
Who is the minister of Micro, Small and Medium Enterprises (MSME) ?
Which community was the focus of the Bhuria Commission's welfare efforts?
The Virupaksha Temple in Karnataka is dedicated to ___________.
Which supercomputer was inaugurated by Prime Minister Narendra Modi in September 2024?
According to Moody's Analytics, what is the projected GDP growth rate for India in 2025?
Which of the following is not a slab under GST?