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%?Solution
Here the required rate of return or market interest rate of 14% is more than the coupon rate of 10% on the bond. As such, the price of the bond will be at a discount and lower than its face value.
Which vitamin is produced by the body when exposed to sunlight?
Which one of the following tribes has the highest population in Uttar Pradesh?
How Many statement/statements is/are CORRECT regarding Fitch Ratings' forecasts for India's fiscal deficit?
1. Fitch Ratings forecasts the fiscal...
In the recent Commonwealth Games held in Birmingham, Tulika Maan bagged the silver medal in the event for____ by defeating Sarah Adlington?
The main center of Muslim education during the Mughal period was?
What describes the velocity of circulation of money?
What measures has the Indian Coast Guard taken in view of Cyclone Storm ‘Remal’?
When do we observe Veer Bal Diwas in the month of December in India?
Which state's coastal areas has been recognized by UNESCO as to be ready for tsunami?
What is the initial corpus of the Agri-SURE fund unveiled by NABARD to promote innovation in agriculture and rural development?