Question
Select the set in which the numbers are related in the same
way as are the numbers of the following set. (NOTE: Operations should be performed on the whole numbers, without breaking down the numbers into its constituent digits. E.g., 13 - Operations on 13 such as adding/ subtracting/ multiplying etc. to 13 can be performed. Breaking down 13 into 1 and 3 and then performing mathematical operations on 1 and 3 is not allowed) (65, 48, 82) (74, 63, 85)Solution
The average of the 2nd and 3rd number equals the 1st number.
(65, 48, 82) β (48 + 82) / 2 = 65
(74, 63, 85) β (63 + 85)/2 = 74
Now, checking the options:
Option A β (93, 78, 108) β (78 + 108) / 2 = 93
Option B β (42, 29, 55) β (29 + 55)/2 = 42
Option C β (66, 49, 83) β (49 + 83)/2 = 66
Option D β (76, 66, 94) β (66 + 94)/2 = 80
BankCo holds debt securities:
β’ Portfolio A: Government bonds held to collect contractual interest/principal.
β’ Portfolio B: Corporate...
A company issues a 10-year callable bond with a 9% coupon. After 5 years, market interest rates fall to 6%. What is the most likely action the issuer wi...
The duration of a bond is a measure of its:
Zero-coupon bonds are issued at:
Which type of bond allows the holder to convert it into a specified number of equity shares?
The risk that a bond issuer will fail to make the promised interest or principal payments is known as:
BankCo holds debt securities:
β’ Portfolio A: Government bonds held to collect contractual interest/principal.
β’ Portfolio B: Corporate...
A bond with face value βΉ1,000 pays annual coupon 9%. Market yield for similar risk is 12%. Approximate bond price (one-year discounting for perpetuity...
A company issues βΉ10 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 5-year bond with face value βΉ1000, coupon rate 8% p.a. (paid semi-annually), is trading at βΉ950. What is the current yield?