Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

A Bond has a coupon rate of 10% per annum paid semi annually and the coupon payment made is ₹50, so the face value of the bond is :

Options:

₹1,000

₹500

₹2,000

₹800

Correct Answer:

₹1,000