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A company has issued a bond having a face value of Rs. 10,000 paying annual dividends at 8.5%. The bond will be redeemed at par at the end of 10…

CUET UG 2023 — Mathematics Applied-Mathematics

2023mcqhard

A company has issued a bond having a face value of Rs. 10,000 paying annual dividends at 8.5%. The bond will be redeemed at par at the end of 10 years, then the purchase price of this bond if the investor wishes a yield rate of 8% is : [Given (1.08)−10=0.46319349(1.08)^{-10} = 0.46319349(1.08)−10=0.46319349]

Official previous-year question

Held on 30 May 2023 · Verified 13 Jul 2026.

Options

  1. A

    Rs. 10,555.50

  2. B

    Rs. 10,535.50

  3. C

    Rs. 10,333.33

  4. D

    Rs. 10,335.50

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