Question
Usance Bill don’t have a definite time period for
the payment of sales proceedsSolution
The correct answer is B
Bond face value ₹1000, coupon 10%, maturity 5 years, YTM 12%. Price = ? (PV factors: 3.605 for annuity, 0.567 for single sum)
An investor purchased a bond for ₹1,200 that pays an annual interest of ₹100 and matures in 5 years at face value of ₹1,000.
What does this...
Which type of bond allows the holder to convert it into a specified number of equity shares?
BankCo holds debt securities:
• Portfolio A: Government bonds held to collect contractual interest/principal.
• Portfolio B: Corporate...
A zero-coupon bond with a face value of ₹1,000 matures in 5 years. If the market yield is 8%, what is its present value? (PV factor for 5 years @ 8% i...
A bond selling at a price higher than its face value is said to be selling at:
A company issues ₹10 crore worth of bonds at a coupon rate of 8% annually, while the market interest rate is 10%. The bonds are sold at a discount. Wh...
Interest payable on the bonds is a/an _________
A financial instrument was issued at a discount. Principal ₹10,00,000, issue proceeds ₹9,40,000, life 5 years. Using effective interest method, if e...
Zero-coupon bonds are issued at:
