A ₹ 1000 bond paying annual dividends at 8.5% will be redeemed at par at the end of 10 years. Find the purchase price of this bond if the investor…
CA Foundation · Quantitative Aptitude · MTP · May 2026
A ₹ 1000 bond paying annual dividends at 8.5% will be redeemed at par at the end of 10 years. Find the purchase price of this bond if the investor wishes a yield rate of 8%
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. ₹ 1033.55
Topics: Part-A: Business Mathematics
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