Practicing Success
Practicing Success
CUET Preparation Today
A bond of face value ₹1000 has a coupon rate 10% per annum paid semi-annually & matures in 4 years. If present value of a bond is ₹1100 , then yield to maturity is: |
3.07% per annum 9.24% per annum 7.14% per annum 15.8% per half year |
7.14% per annum |
The correct answer is Option (3) → 7.14% per annum |
