CUET Preparation Today
CUET
-- Mathematics - Section B2
Financial Mathematics
The purchase price of a ₹1,000, 8% bond, dividends payable semi-annually redeemable at par in years, if the yield rate is to be 8% compounded semi-annually, is : [given $(1.04)^{-10}=0.6755$]
₹900
₹1,000
₹1,050
₹800