Practicing Success
A company has issued a bond having a face value of ₹10,000 paying annual dividends at 8.5%. The bond will be redeemed at par at the end of 10 years, then the purchase price of this bond if the investor wishes a yield of 8% is : [Given $(1.08)^{-10}= 0.46319349]$ |
₹10,555.50 ₹10,535.50 ₹10,333.33 ₹10,335.50 |
₹10,335.50 |