Question
If a bond is issued when prevailing interest rates are
8% at Rs.1,000 par value with a 8% annual coupon. Which of the following is NOT correct?Solution
If interest rates drop to 6%, the bond will continue paying out at 8%, making it a more attractive option. Investors will purchase these bonds, bidding the price up to a premium until the effective rate on the bond equals 8%. On the other hand, if interest rates rise to 10%, the 8% coupon is no longer attractive and the bond price will decrease, selling at a discount until it's effective rate is 8%.
In which group are the non-metal elements placed in a vertical column on the right side of the periodic table?
In which financial year India signed the Extended Fund Facility Agreement with the IMF?
Vivekanand Parvatiya Krishi Anusandhan Sansthan is located at-
Vasco Da Gama landed at ______ in 1498.
On which river in India was the Somasila Dam built?
Union Minister Rajeev Chandrasekhar inaugurated India’s 1st FutureLABS center at C-DAC Thiruvananthapuram. What does C-DAC stand for? Â
An employee shall be covered under the provisions of the Payment of Wages Act, 1936, should the employee be drawing a maximum monthly wage of:
Which of the following subsequent statement is wrong?
Who are the fund managers for the Motilal Oswal Nifty India Defence Index Fund?
Which of the following types of Indian dances does NOT involve themes related to Lord Krishna?
