Question
Which of the following is a stock that includes an
option for the holder to convert the preferred shares into a fixed number of common shares, usually any time after a predetermined date?Solution
The correct answer is D
Ankush puts Rs. 8,000 into two separate Systematic Investment Plans (SIPs) at a compound interest rate of 20% per annum. In SIP 'X', the investment is f...
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What will be the ratio of simple interest earned on certain amount at the same rate of interest for 3 years and that for 9 years?
Rs. 28000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 40 less than the i...
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Amit invested a total of Rs. 14,000, dividing the amount between two schemes: one offering compound interest (compounded annually) and the other offerin...
A certain sum of money yields Rs.1261 as compound interest for 3 years at 5% per annum. Find the sum.