Mathematics · Financial Mathematics
Calculate the Price of a Bond and its Current Yield based on the following data: - Face Value: 1,000 rupees - Coupon Rate: 10 percent (paid annually) - Maturity: 2 years - Required Rate of Return (Discount Rate): 8 percent
- 1Price is 1,080.00 rupees; Current Yield is 9.26 percent.
- 2Price is 1,000.00 rupees; Current Yield is 10.00 percent.
- 3Price is 965.40 rupees; Current Yield is 10.36 percent.
- 4Price is 1,035.67 rupees; Current Yield is 9.66 percent.✓
Correct answer
Price is 1,035.67 rupees; Current Yield is 9.66 percent.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Financial Mathematics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Financial Mathematics