Question

Which of the following is NOT CORRECT about value of a bond?
i. If the bond is at discount, the price will decline over time towards its par value
ii. If a bond is at par, its price will remain the same till the maturity
iii. A zero coupon bond has only one cash flow

A Only i
B Only i and ii
C Only ii & iii
D Only iii
E All the above are correct
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)