The price of a Rs 1 000-face value bond is Rs 910 What will be-00345
The price of a Rs. 1,000-face value bond is Rs. 910. What will be the yield to maturity if there is a coupon payment of Rs. 90 for 6 years?
This multiple choice question (MCQ) is related to the book/course vu acc501 Business Finance. It can also be found in vu acc501 Mid Term - Quiz No.11.
The price of a Rs. 1,000-face value bond is Rs. 910. What will be the yield to maturity if there is a coupon payment of Rs. 90 for 6 years?
Greater than 9%
Equal to 9%
Lower than 9%
Cannot be determined without more information