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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%.
How much penalty is to be paid by a person having more than one Permanent Account Number (PAN card)?
How many Banks were nationalized in the Second Phase of Nationalization of Banks?
Which committee was established to form Nabard?
Where are the headquarters of the Indian Bank?
South Indian Bank’s headquarter is situated at ______________
Who regulates ‘Commodities Derivatives Market’ in India?
Following are the instruments having a maturity period of less than one year. Which of the following is / are Money Market Instrument?
Which of the following is true?
I. Small Industries Development Bank of India (SIDBI) is a central or apex institution for financing agricultu...
The First RRB was set up in the ____________ district of Uttar Pradesh.
Which of the Following T-Bills is not issued at present?