An investor intends to purchase a three years bond at a price of ₹907.125 having nominal interest rate of 10%. What is the par value of the bond if…
CA Foundation · Quantitative Aptitude · PYQS · January 2026
An investor intends to purchase a three years bond at a price of ₹907.125 having nominal interest rate of 10%. What is the par value of the bond if it matures at par and the investor requires returns at the rate of 14%?
Suggested Answer and Working Notes:
Correct Answer: Option (D)
D. ₹1,000
Topics: Part-A: Business Mathematics
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