CUET Preparation Today
A bond has face value of ₹1000 matures in 4 years. Coupon rate 4% per annum. The bond makes annual coupon payments. If the yield to maturity is 4%, then the fair value of bond is : (Given $(1.04)^{-4}=0.8551$) |
₹2000 ₹1600 ₹1200 ₹1000 |
₹1000 |
