Question
The ages of A, B and C together are 63 years. B is
thrice as old as A and C is 8 years older than A. What is the difference between ages of B and C?Solution
Let A’s age be x years. B’s age = 3x and C’s age = (8 + x) According to question, => x + 3x + (8 + x) = 63 => 5x = 55 => x = 11 B’s age = 3x = 33 years C’s age = 8 + x = 19 years Difference between the ages of B and C = 33 – 19 = 14 years
Which type of bond allows the holder to convert it into a specified number of equity shares?
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...
A bond with face value ₹1,000 pays annual coupon 9%. Market yield for similar risk is 12%. Approximate bond price (one-year discounting for perpetuity...
A bond selling at a price above its face value is said to be selling at a:
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...
What is the tenor of Sovereign Gold Bonds (SGBs) issued by the Government of India?
The duration of a bond is a measure of its:
A bond with a face value of ₹1,000, 5% annual coupon, and maturity of 5 years is sold at ₹950. What does this price suggest?
Interest payable on the bonds is a/an _________
BankCo holds debt securities:
• Portfolio A: Government bonds held to collect contractual interest/principal.
• Portfolio B: Corporate...
Relevant for Exams:
