Question

What is the value of the bond whose Face value is Rs.1000 having a coupon rate of 10% when the required rate of return is 14%?

A More than its face value
B Less than its face value
C Equal to face value
D A or C
E B or C
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)