Suppose you buy a one-year government bond that has a
maturity value of Rs.1000. The market interest rate is 8
per cent. (a) How much will you pay for the bond? (b) If
you purchase the bond for Rs.904.98, what interest rate
will you earn from this investment
Answer Posted / gaurav laddha
a)Rs.926
b)10.5%
Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
Do you know how SLR is determined?
What is dematerialization?
What details does the deposit register cover?
What do you know about Bio metric ATM?
What is 'ccil'?
What is the cad? What is fiscal deficit?
What Is Audit Process?
Define BPL?(explain in terms of numerical values-refer to planning commission website)
What do you mean by 'cheque endorsing'?
What is Subsidiary Company?
Define CASA.
what are the requirements to connect Tally ERP 9 remotely?
Explain About Openpages?
What Are The Important Macroeconomic Indicators That Influence Stock Market?
Differentiate between Online Banking and Mobile Banking?