Interested to Buy Any Domain ? << Click Here >> for more details...
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?
- 2 Answers
- 7062 Views
- I also Faced
- E-Mail Answers
Answer Posted / prashant l. sutar
(a) 925.92
100%+8%=1000 So 108% contains 1000 then How much for 100%?
=100/108*1000=925.92
(b) 90.498
| Is This Answer Correct ? | 14 Yes | 2 No |
Post New Answer View All Answers
What does the abbreviation m mean in accounting?
what s account
What is the use of accounting?
What is accounting chart of accounts?
Explain me what is important to effective market analysis?
how to pass entry in tally Rs 50000 cheque paid to son by father
i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial
What is use of subject history in banking?
what is the new rate of c.s.t in uttraklhand
i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?
MEANING OF RED HERRITING
when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?
Explain what is double-entry accounting? Explain with an example?
Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.
Explain what is bad debt expense?
