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A callable bond (Redeemable Bond) is a bond that can be redeemed by the issuer prior to its maturity. If interest rates have declined since the company first issued the bond, the company is likely to want to refinance this debt at a lower rate of interest. In this case, the company calls its current bonds and reissues them at a lower rate of interest. Buying a callable bond is like buying a simple bond and a call option of the same value.
The mean of a distribution is 25 and the standard deviation is 5. What is the value of coefficient variation?
‘479385A267’ is ten-digit number which is divisible by 9, what is the value of ‘A’?
The number 8192 is which term in the following geometric sequence 2, 8, 32, 128, . . . . . . .
A, B and C invested in partnership. A invest Rs.9000 for 5 months, B invests Rs.7000 for 3 months and C invests Rs.12000 for 2 months. C is working part...
How many three digit numbers are divisible by 5?
The mean of 10 observations is 8. One more observation is added, and the new mean becomes 9. What is the value of the 11th observation?
If A and B are two sets such that the number of elements in A is 20, a number of elements in B is 18 and the number of elements in both A and B is 10, f...
Find the sum of geometric progression, 40, 20, 10, 5, …..
The 5th and 8th term of an arithmetic progression are 13 and -5 respectively. What is the 15th term?
Find the sum of 12th terms of a geometric progression whose 1st term is 8 and common ratio is 2.